Time like this, it's either loss another 20, 30 percent or gain 50 to 100 percent per annum. Although I just simply come out with the figure, what I want to say is we are at the high risk junction now. How Europe going to resolve their problem and gain back confidence.
I feel may be our stock market was in the stage when Bear Stern collapse, when US bail out Fannie and Fredie Mae. The uncertainties are huge but not yet trigger the panic button like the collapse of Lehman Brother that spread all over the world. I think this time the trigger button will be unproper plan of default of Greece's debt that trigger collapse of big banks in Europe.
High risk always come with higher reward.
No comments:
Post a Comment