I would have to agree with the article. Even quality companies...

I would have to agree with the article. Even quality companies that are currently sitting at a discount could be even cheaper in the next 6-12 months.

Hard to park money anywhere with a medium term view 6 months to 2 years as imo we are yet to see the implications of the US bailout fully unwind.

Job losses in the USA and Europe plus China and India reducing their overall growth is not helping and will have run on effects as we saw with those 3-5 magic years of bull run. Less spending, less jobs, less growth.

IMO the market is in for another fall. Interest rates are not stimulating the econmoy, credit alot harder to get etc etc.

But, there will be another bull run one day !