O Lord We Need You!


Yes, all of us investors and speculators on Bursa have sinned. They have forgotten You and have heaped praise on Manon. But You are great. You who made the mountains and the oceans. You do mighty wonders, Lord.

We must repent. We must go back to Your Word, The Bible. We pray to you so that this equity market havoc world-wide will end. It has caused trillions to be wiped out. It has caused pain, anguish and fear. We look forward to a divine exchange, trading our fears, sins and hatred for your peace love and kindness. We adore You, we love You and we uphold Your name on high. Amen.

Today Bursa along with all bourses world-wide felt the biting agony and pain of the continuous sub-prime roil. Bursa closed the morning session at 1258.74 with a loss of 29.60 points. Losers overwhelmed gainers 923 to 28. Volume was visibly thin at 553 million shares worth 913 million ringgits. Gainers were unknowns such as Gunung adding 3 sen. The others adding less than 4 sen were Air Asia (3.5 sen)and Shangrila (3 sen). Losers were aplenty. Take your pick. We have a morose Muhibbah here with a 80 sen loss. Then sitting over there as well is poor anemic Asiatic losing 60 sen. Lion Diversified here has lost its guts to give away 55 sen and Stemlife is almost lifeless losing yet another 48 sen.

The portfolio also played follow the leader. Genting dropped down the mountain to RM7.25 sen;losing another 30 sen.Resorts World lost 12 sen at a game of chance to finish at RM3.62. Welli went scuba diving yet again to lose 9 sen to RM1.05. RCE Cap lost 6 sen to 81 sen and JAKS dropped off 5.5 sen to 81.5 sen. BJ Sports Toto gave up 4 sen to RM4.72 while Metronic lost a sen to 17.5 sen.

A real carnage if ever there was one. One of the worst market days to experience. Of pain, horror and anguish.

Looking at the picture above remind us of our Lord who died on the cross to atone for all our sins so that we may find eternal salvation.

Let us pray

Heartsong