AIG, Lehman Brothers --- Anymore?

AIG bailout is a surprise to me because i cannot believe such a hitorical giant has exposed themselves too much in crisis. Dow Jones used to be the advocate of free market. Fed and US government have not stop kept interventing into trouble companies.

The new theory that most economistmust now know, there is no free market in this world. It can be also understood because if AIG is not being rescue, the confidence impact can be far huge then Lehman brothers and more will be dragged to explode the crisis further.

By now, all problems are continuous but i am starting to be optimistic cause most stock market in the world corrected more then 50% and i believe many stocks have been beaten down to as much as 90%.

Probably now, i will still maintain a short in KLCI and the next support should be around 900. I will be also a starting time to accumulated distressed stocks due to confidence but still quality.

I will maintain a buy call in 3 REITs i selected but should increase portfolio in Hap Seng Consolidated, Paramount and Bursa. Cause Bursa is always i consider a long term bet for any exchange in the country.