#1. Buy PUT option and hold it for little longer time and
#2. Start buying "10in3" stocks or stocks reco from mid-cap mela.
[Don't buy any stock which has just fallen 70-80% or anything which is cheap, it is more difficult to find value from the crap or find potential multibagger stock from all look alike because price is what visible to whole world.
People things that hey, all the stocks has fallen, let's accumulate but which one will bounce back and re-gain its glory is the question here. So, when price becomes your reason to buy, one is bound to do mistake.]
Better watch out our 10in3 stocks or 5 best mid-caps stocks which will be reco soon!!!
-------------------------------------News Update------------------------------------
- President Bush and congressional leaders conducted fierce eleventh-hour lobbying Thursday for enough House votes to push the $700 billion financial industry bailout bill to the finish line.
- Bush said "a lot of people are watching" and he kept up his pleas from the White House as Democratic and Republican party leaders worked over wayward colleagues wherever they could find them. Bush argued that the measure represents the "best chance" to calm unnerved financial markets and ease a widening credit crunch.
- The rescue package would let the government spend billions of dollars to buy bad mortgage-related securities and other devalued assets held by troubled financial institutions.
- Stocks fall on unemployment claims, factory orders data as investors fear protracted downturn - Investors appeared to be pulling more money out of the market and settling in for a prolonged economic winter.
- The main concern is that the $700 billion bailout plan won't be enough to stimulate growth, and the latest economic reports delivered on Tuesday demonstrate that the economy continues to struggle.
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