Monday, January 1, 2007

WE'RE ALIVE AGAIN AND A GOOD 2007 TO EVERYBODY

Well, it's almost a week after the Taiwan Earthquake hit and it looks like we're coming back alive, albeit slowly. Better than nothing though, as the Internet in Malaysia crawled to a standstill during the first two days. Shows that we need a better Disaster Recovery Plan (maybe other links than the current ones we use which are in an earthquake prone area). What happened was downright catastrophic as connections to FXCM, Easy Forex, Options Xpress, and Think Or Swim completely broke down. This prevented us from trading except on Friday. No hedges were able to be put in, so I'm looking at Wednesday (3rd January 2007) for this. But life goes on and hopefully we'll be up and running again this week.

At these times, I really wish GOOGLE had an online trading service (they can do anything and be a monopolistic, for all I care), since they were the ones to get their systems functioning after the Quake. The rest still struggled, and Yahoo!'s service was intermittent (Good try, though).

A Happy New Year for 2007? I'm not quite sure, and I must agree with Kadir Jasin on his take for the New Year (read it here, its titled "Tiada ucapan tahun baru Buat Anda."). Things are not all that rosy down here now and from reading the blogs, you can clearly see that we're facing 2007 with no end in sight for the increases in basic necessities (food,fuel,electricity,water,tolls).

Well, it's really hard to control the external or other factors which have lead to the inflationary pressures. I do see that housing loan rates are going down, although the housing market is slow.
In the meantime, let's hope for a volatile market in 2007 to make money from.

In the meantime, anxiety or not....HAPPY NEW YEAR and soon to be CHINESE NEW YEAR, too!

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