The current market is giving everyone jitters. The volatility has not decreased after 2 weeks and it is very hard for people to hold on to their losses. The Federal Reserve is meeting central bankers (Jackson Hole meeting) around the world 26 Aug 11. It was the same meeting last year that the Fed hinted on QE2. Would the same thing happen this year? Would the hint of QE3 stimulate the stock market?
No one knows the answers to the above questions and that is what makes investing so difficult. You are put at the cross roads now, do you sell and keep your losses small? Or do you hold on for possible good news? For those who did not have much stocks, is it time to go into the market?
Given the fundamental weaknesses in the United States and the Euro zone, things are really not rosy. The I ......