Thursday, Aug 16, 2007
Xmas shopping anyone???
The Telegraph Online: Don't buy yet, shares will get cheaper
After this morning's market mayhem the FTSE 100 is now down about 13pc from its recent six year high in mid-July - a big fall but don't panic, this is not the end of the western world.However, neither is it time to rush out and blow your cash on shares because they look cheap - they're going to get cheaper. The headlines are going to get worse before they get better......Until our debt fears are allayed, and I believe that won't be until Christmas, markets will remain in the red.
Posted by onyerhike @ 07:58 PM (225 views) Add Comment
1 Comment
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1. Mark said...
hmm
well i just made a couple of grand on BP shares today...because of the markets up and down...lol
only fools write stupid columns