Can the US$700 Billion Bailout Plan Help?

The US$700 billion bailout plan is just a shot in the arm for the US economy and financial market, it is only providing a temporary cushioning for the plunging confidence. It is NOT going to solve the messy credit situation (which has been snowballing for the last couple of years) overnight! MORE DOWNSIDE is expected for the coming months. If you feel that the stocks are cheap now and are thinking of going in for bargain hunting, think again! They will get even CHEAPER!!!!!

Cheers

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