In your search for hot stocks to watch today (1/21/08), did your avid stock investment research unearth this troubling fact: stocks tanked in markets all over Europe, Asia, South America and Australia today while the American stock exchanges were closed in honor of Martin Luther King Day. According to an article that I found on a site labeled Gamesindustry.biz of all things, there was a very troubling story about the downturn in world market based on fears of a recession in the American economy. This article focused on loses in gaming companies of course, but it also noted loses in other sectors of the economy, "The losses on the blue-chip stock indices of Germany, Britain and France alone amounted to more than USD 350 billion, which is roughly the size of the combined economies of New Zealand, Hungary and Singapore." Now if your stock market research is coming up with figures like that, maybe it's time to stop reading free stock market quotes for hot stocks to watch, and start looking for ways to preserve your capital and ride out what looks to be a bumpy market this year. Hang on to your butts, people!
