HappySqurriel on 09 October 2008
I think the markets are in a position where they are less likely to see major drops because of how many companies can be seen as bargains right now ... There are companies that have a price/earnings ration of 5, and I have seen a couple of energy trusts that are paying out 20% of their price at the moment.
The market can still fall, but I think we're approaching a point where it is more likely that people will shift money from one set of investments to the other.
