Recent movies related to Stock Markets

I have been lazy in the past few months, many events took place and I indirectly participated in some of them. I will update them slowly, however what triggered me to come back here is to share 2 movies I watched recently.

The Taking of Pelham 123 - fantastic acting from both main actors. when Ryder tried to get signal and log on to the Internet, I had a feeling he's trying to monitor the market - it proved me right when I saw him logging in to CNBC website, I actually thought he bought lots of put options (just like how the NYC mayer think) however, he placed his 2 mil bet on Gold... the gold price has gone up to like USD 8900+ if I am not mistaken, isn't it crazy? It makes me think - if there is really a terrorist attack (touch wood), will Gold price react like that too?

It is definitely not right to manipulate the market like that. When I looked at the 3 major US indices dropped like 7%, it reminded me of the financial crisis all of us just experienced months ago.

What is happening right now? Has US markets hit bottom in March already? I don't know. Too many reports, analysis, etc - Just like the rest, i am confused. There are times, we just can't rely on the reports, we have to do some homework.

I asked myself - when good stocks' price fell like crazy few months ago, what was I thinking? Being an amateur, I did not calm myself during the bear market. I did buy some of the undervalued blue chips which I am comfortable with the business model, however I was unable to achieve - be greedy when everyone's fearful.

Now, seems like more and more people are getting greedy - should i feel fearful now?

Ok, second movie - Cantonese movie from Hong Kong <> 窃听风云. Good acting too, story line not bad. Some of the police in the movie heard the bad guy told the girlfriend that the company's share price will go up. The police did not report this but make use of the information to buy the shares then make a fortune. This is considered illegal and they have got the punishment - some dead, some lost their family - it is quite unfortunate because they were dealing with gangsters.

Then, my friend and I start to ask - will you do the same as the policemen in the movie? I told my friend right away - NO. I love money but I won't do illegal things because I believe in making money with my own ability. Also, I believe in karma.

Some people speculate in stock market - they treat stock market as casino - bet big or small - just like buying put and call options, or long / short futures contracts. However, there are differences - in my opinion. For instance, you need more luck in casino than in stock market. You need to do less research for casino games comparing to stock market. etc.

ok, have to stop here. good to start writing again :)