22 Feb '11, 8am

Libyan pall - Straits Times (blog)

Goh Eng Yeow on the need for investors to stay on their toes as they watch the unfolding Libyan crisis REGIONAL stock markets have been experiencing their most serious correction since the start of the year, as investors’ risk appetites get spooked by the unrest in the Middle East. One remisier sent me a note this morning to say that he got a few calls from clients asking if it was time to start picking up shares again. It is an indication that investors view the correction as an opportunity to enter the market at a more attractive level, and not simply the start of another bear market where they will merely be throwing good money after bad. Still, I agree with the remisier’s assessment that it is still too early to commence any bargain-hunting in earnest. It is simply impossible at this stage to forecast how the Libyan crisis will pan out. Unlike Egypt or even Tunisia, wh...

Full article: http://blogs.straitstimes.com/2011/2/22/libyan-pall

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