UT Portfolio as of 12 August 07

After more than 4 weeks of nervous trading, all exchanges around the world had reported nothing but bad results. Was this really due to the SUBPRIME issue? or is it just speculators overeacting to an issue that was already a historical topic disscussed many months earlier which resulted in investors running away from the market in panic?


I missed out on the opportunity to effect changes to my portfolio prior to the market downturn, hence i suffered more than 1.5k worth of unrealised profit. Sigh... this is more than 10% down in profit.....


Many central banks have since pumped in more cash to calm the market. Is this a good time to go in to pick up cheap bargains then? I cannot tell for sure, but i have switched a portion of my balanced portfolio back to china and other emerging markets. :)