Long before the Down and Bust posts I read here today..For the record pls check my previous posts, some time between last June and mid July I mentioned a global correction is brewing in the near term. And Cash is King. However there is no reason to run for the hill like the year 2008. It is simply no comparison this time with the situation then. The market is already in pullback mode starting two weeks ago. Now there is a very good excuse - China's devaluation of their currency - for the market to correct harder. We saw the same reactions with what Greek did to the market. And China or the rest of the world is much better than Greek. So people, pls don't inflate the situation so badly. We experience this before and time will wash it away. Just make good use of the Great Buying Opportunity right now as the correction lasts. We will all be rewarded by the year end or before it.
Happy Investing.