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| The stock market severe correction continues.
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The reversal in the stock market today indicates the correction could go for another two weeks. With so many good comapnies are fallen to depressed levels, a savy investor should begin to nibble on those stcoks. Issues that are causing the uncertinties:
a) Iran-Israel nuclear stand off
b) Outcome of Us election
c) High oil and commodity prices
d) Housing inventories and fallen prices
e) Rise of infaltion
f) Consumer confidence
g) Global slow down
h) Fate of interest rate
i) Change in the level of unemplyment
It seems most of the above issues are if not all have been factored in the stock market. I hope I am right.
Dip in and start buying when no one dares to try for the ultimate high return. |
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Posted by husjf45 on 2008-07-07 13:55:36 | Rating: | Views: 34
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During a correction process, cash is king all the way to final stage of a correction; then cash is trash.
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Posted by husjf45
on 2008-07-07 22:47:21
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