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Why I am not buying yet

sakar's picture
Submitted by sakar on January 29, 2010 - 12:00

Market sliding down by 10% doesn't mean I look at prices 2 weeks ago and assume it's a bargain. Stock are looked at today and not yesterday.  Fundamental has not changed much but there are new developments in world market that makes me little nervous and I am more picky about which stocks to own. This is time to be safe and take less risk.

a) Interest rates are rising .
b) American recovery is still in question.
c) China asset bubbles need some control

Avoid sectors that usually have higher debt loads.


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