Now Is Not the Time to Sell Shares ; Midas

Summary


INVESTORS could almost be forgiven for panicking last week as the stock market was tossed back and forth.

The moves were stomach-churning. On Thursday, the FTSE 100 plunged 250 points, its biggest oneday fall since 2003. But on Friday, after the US Federal Reserve intervened to cut the interest rate on its loans to American banks, it surged back 200 points.

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Extract


Now Is Not the Time to Sell Shares ; Midas

Over the week the blue-chip index was actually up, and while that is to be welcomed, it would be a rash investor who assumed the troubles...

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