Yes the US looks like it may head a bit lower and recession fears are still talked about.
But I still feel that we here in Aust still have plenty of quality stocks that will have a good year and beyond.
The US recent correction has been brought about by the financial sector(mainly). They also fear a recession in in sight. I feel they will avoid it and then power on come June/July.
We will still have plenty of chances to make some money throughout 2008. Look at the recent stock that have presented great returns for most here.
Yesterday ZYL is an example.
MAK also!
Any company that releases positive news will see a spike in share price.
Buy quality stocks for long term! You wont lose if you do your own research and know why you are buying.
DYOR
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