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12.01.08

5:44 PM

Is All This Stock Market Panic For Nothing?

I suspect that most of the reason for the stock market meltdown has been self generated by the same people as are the ones who make profit when the markets rise.
Take some of these companies like Google, for instance. They actually have few assets that can be sold to obtain a value for the company, as most of their value, actually just about all their value is in the forecasting of the amount of money that they might make in the future.
So, it might actually be the time to buy some goodies while the prices are artificially low, rather than save money by banking it. But I could be wrong.
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