No need to rush into stock market
Would-be stock investors who see a buying opportunity amid the prevailing gloom and doom on the local political front could be disappointed, some analysts say.
Risk remains high and a wait-and-see approach to stocks is the most prudent course, says Adipong Puttarawigorm, the chief investment strategist at SCB Securities.
His view is that things will get worse before they get better so there's no rush to jump into the Stock Exchange of Thailand yet, he said at Money Expo 2007, which concluded yesterday.
''If it's not necessary, investors should avoid investing in stocks until the situation becomes much worse and everyone is desperate _ then there will be a buying opportunity. Right now, everything is so unclear and the temperature is rising,'' Mr Adipong said.
