Stocks suffer biggest fall since 2003 !?

Yes, I watched it happen on CNBC and have to admit I was a little scared and unfortunately it's still ongoing, the ASX in Sydney is currently down 67.3 points (1.40%) but look on the long term view. Taking the ASX as an example, the low point in recent times was back in January 2003 when it closed at 2,900 and now about three years laters it's trading at 4,737 (a gain of 63%) so all in all I think this is probably just a kneejerk reaction to the news from Wall Street on Friday. I would wait a week or so before making a decision

Its a short term movement, that is part of a long term downward trend. Stocks will go up and down a lot in the coming years, and I wouldn't try to guess which way they will go next week, but I'm willing to bet that the long term trend over the next 5 years is downward.

According to PM.biz, they said it will continue to fall. I found purplematrix.biz to be the best investment site. With only $100 invested, I was able to make a profit of $1000-$3000 each time. You can call David Fiarman at 973.668.7119. He will be glad to show you how to profit from the stock market