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Reply #9: You don't like the adage "when blood is in the streets"?
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golfguru
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Sat Aug-20-11 01:51 PM
Response to Reply #6 |
9. You don't like the adage "when blood is in the streets"? |
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I know markets are vulnerable to panic selling. Especially now with double dip recession a possibility and European banks under stress with risky loans to countries like Greece, Portugal, Spain etc.
But prices of many blue chip stocks are looking attractive. So greed is trying hard to take over my mind.
Anyway if I buy now, it will be long term hold (3 to 4 years).
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