Stark Naked Fear In Stock Markets
Read the full article: http://jeflin.net/2008/09/11/stark-naked-fear-in-stock-marke...
Speaking of fear, stark naked fear has descended on stock markets everywhere. Wall Street is in a bloodbath and Asian markets are not having an easy time either. The Straits Times Index dropped over 30% from its zenith and Shanghai ‘A’ index tumbled over 65%. Seen from a positive lens, it is a sign that we are closer to bottoming out though.
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