Stranglingthe US ‘Bear’

Retail investors were forced to sell and ended up suffering huge losses. Meanwhile, large investors bought up all the cheap shares.

January 29, 2008

WHILE queuing up, a young woman was grumbling at an ATM belonging to Bank Central Asia (BCA) at the GKBI Building, Jakarta, on Wednesday two weeks ago. The young woman, who is usually called Lily, was in the process of transferring money to cover debts to a local securities company. However, curses poured from her lips. According to her, the capital market was no longer the sensational investment center that had caused so much commotion last year

...

More Articles