17th Aug07 was the ultimate judgment day, investors were caught in between polar (of the US sub-prime mortgage financial crisis vs. New policy of mainlanders free to trade Hong Kong stock through designated bank in Tianjin) and experienced the deepest V curve (or point fold) ever unfolded in Hong Kong stock trade. At the point where you saw the world was about to fall apart with some flickering lights surrounded by darkness, you doubted whether those lights were hallucination suffered from previous deep plunges or signs from angels in revelation. In the midst of vanishing world vs. the possible point of return, full of agony and unbearable suffering, an ultimate decision had to be made “to buy or not to buy”. Neither data nor analytical studies were available to support your decision, was a simple yes/no answer coming from your primordial instinct… Result - “You buy you win big, you sell you regret for as long as you are down and out in the stock market”
Due to the sub-prime mortgage financial crisis, the stock market worldwide had been in turmoil since the beginning of the month, but nothing compare with such apocalyptical atmosphere on 17th Aug07.
In the morning, Hang Seng Index (HSI) dropped from 20,600 to 19,995 which was the yearly range of increase for 2007. After lunch, the plunge began, starting at -300 points and within 15 minutes it dropped further 600 points with a total daily drop of 1286 points. While the world seemingly came to an end, the point folds began, and within an hour HSI shot up 600 points and closed at 20,387.13. Daily fluctuation ranged from 19,386.72 - 20,761.31
The first part of the apocalypse was conducted by the foreign hedge fund managers who started pulling out money from Hong Kong which led to the landslide. The second part was the taking over from china investors (as rumors say) that levitated us to higher grounds of hope. Since then, the following week, every morning had an open bid of +10% for those who wanted to re-enter the game, a kind of ecstasy pills for empathy, love, heightening self-awareness to an aftershock from last Friday. The stock market then turned into a Russian roulette, every bet you placed was a step closer to another possible landslide, but the enjoyment of near death experience made one to overcome the aftershock awareness and seemingly to live life twice!
The event reminded good slave of the movie “Killing Fields & Deer Hunter”. The pulling out of American troops and the taking over by the communist, the heightening of the apocalyptic atmosphere where life turned into betting chips, no room for any thoughts, we live for every moment in life through yes-no, winning-losing, life-death intermingles together …
For architecture, professionals have been simple-minded in accepting given data for distribution of the architectural program. Neither are the sources being investigated nor are the intentions of such data revealed to public being questioned. Curves or bar charts are simply drawn to extrapolate the future growth and resulting programs portend to accommodate future needs. Architects have been fed by developers with pseudo data, while being part of the propagandizing campaign, work produced are made believe to serve the public needs.
However for smart investors, they treat data in a very different manner - data revealed are considered as psychological aspect of the public. A reflection of intentions, of people in power desire for the future and the way they want the public to desire the same accordingly. The apocalyptic atmosphere, heaven and hell experiences, the heightening of human emotions are all artificially created delusions of a controlled future. Investors postulate the future by interpolation, the filling up of the gap in between now and the speculate intentions of those in power. The more polar forces lead to chaos, the more certainty for investors to make future by seeing what’s behind those pseudo data.
In the morning, Hang Seng Index (HSI) dropped from 20,600 to 19,995 which was the yearly range of increase for 2007. After lunch, the plunge began, starting at -300 points and within 15 minutes it dropped further 600 points with a total daily drop of 1286 points. While the world seemingly came to an end, the point folds began, and within an hour HSI shot up 600 points and closed at 20,387.13. Daily fluctuation ranged from 19,386.72 - 20,761.31
The first part of the apocalypse was conducted by the foreign hedge fund managers who started pulling out money from Hong Kong which led to the landslide. The second part was the taking over from china investors (as rumors say) that levitated us to higher grounds of hope. Since then, the following week, every morning had an open bid of +10% for those who wanted to re-enter the game, a kind of ecstasy pills for empathy, love, heightening self-awareness to an aftershock from last Friday. The stock market then turned into a Russian roulette, every bet you placed was a step closer to another possible landslide, but the enjoyment of near death experience made one to overcome the aftershock awareness and seemingly to live life twice!
The event reminded good slave of the movie “Killing Fields & Deer Hunter”. The pulling out of American troops and the taking over by the communist, the heightening of the apocalyptic atmosphere where life turned into betting chips, no room for any thoughts, we live for every moment in life through yes-no, winning-losing, life-death intermingles together …
For architecture, professionals have been simple-minded in accepting given data for distribution of the architectural program. Neither are the sources being investigated nor are the intentions of such data revealed to public being questioned. Curves or bar charts are simply drawn to extrapolate the future growth and resulting programs portend to accommodate future needs. Architects have been fed by developers with pseudo data, while being part of the propagandizing campaign, work produced are made believe to serve the public needs.
However for smart investors, they treat data in a very different manner - data revealed are considered as psychological aspect of the public. A reflection of intentions, of people in power desire for the future and the way they want the public to desire the same accordingly. The apocalyptic atmosphere, heaven and hell experiences, the heightening of human emotions are all artificially created delusions of a controlled future. Investors postulate the future by interpolation, the filling up of the gap in between now and the speculate intentions of those in power. The more polar forces lead to chaos, the more certainty for investors to make future by seeing what’s behind those pseudo data.
3 comments:
I like the chinese headline. Good copywriting!
yes, you are right. I am in hell now :(
is ok, hell isn't that bad as u might think.
Post a Comment