Tuesday, January 22, 2008

Do you have the guts?

It's only 8:07 and my colleagues are already rattling on the gloomy stock market. No wonder, with the index's nerve-wrecking fluctuations since last week, those who have buy positions are scoring losses. Some are already getting margin call for their leveraged buy.

In fact, the buzz is not happening in this country only. Everybody in almost all corners of the world who invests in the stock market at this point of time is getting the jitters due to expectation of recession in the US. Indices all over the world are marked red, saying they suffer downturns.

But like they say, some people's misfortunes are some others' good luck. For those who want to take a dip into the stock market, this is actually the right moment, because you can get to buy stocks at lower prices. The question remains, however, how low can the price be?

Time to test your guts.

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