Stocks taking a beating for Ukraine Hitskin_logo Hitskin.com

This is a Hitskin.com skin preview
Install the skin • Return to the skin page

Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Stocks taking a beating for Ukraine

2 posters

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

Go down

Stocks taking a beating for Ukraine Empty Stocks taking a beating for Ukraine

Post by truthbetold Mon Mar 03, 2014 5:29 am

http://www.thehindu.com/business/markets/ukraine-crisis-sends-shares-tumbling-pushes-oil-and-gold-higher/article5746305.ece?homepage=true

Stock markets across the world lost about 1.5% .  This is expected over the weekend. Is this likely to turn into a 10% correction in US market that lot of experts talking about? or is this an opportunity to pick up some stocks on the dip? (I really would not buy anything at this time).

gold could rise for few days. 

Crisis will take a long time to resolve. But markets will decide the direction in coming few days. 

Like to hear your opinion. 

Harharmahadev is invited to share his expertise.

truthbetold

Posts : 6799
Join date : 2011-06-07

Back to top Go down

Stocks taking a beating for Ukraine Empty Re: Stocks taking a beating for Ukraine

Post by b_A Mon Mar 03, 2014 12:34 pm

Not a big deal. Markets were overbought after the recent V-shaped recovery.
This gives them a chance to work on that overbought condition. and No , it won't turn into a 10% correction short of full scale nuclear war.
The time to buy the dip was 3,4 weeks ago.

b_A

Posts : 1642
Join date : 2011-05-08

Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

 
Permissions in this forum:
You cannot reply to topics in this forum