The stock market is in a turmoil. The Greece debt problem is the "main" cause for the sellout. I cannot see the link. However, we decide to sell some of our stocks and sit tight for a while to wait out the turbulence. We lost all the gains we made. The good thing is we did not lose too much. Such is the challenge of investing. All the positive economic news and great earnings did not help with the stock price. Mass panic is causing the price to drop.
The change is swift and strong. I am glad I have a strong stomach to withstand the churn. Still it is not fun. I hope the market stablise as they may affect real economy is the stock market is weak.
1 comment:
today's better cos market rebounded & closed 67 pts up.
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