Buy when there’s blood in the streets?

Tuesday, 12 July 2011 00:42 - - {{hitsCtrl.values.hits}}

With the free fall of the Bourse, some brokers are urging bargain hunters and those with holding power and confident of medium term have lot of opportunities.

Quoting the famous phrase “The time to buy is when there is blood in the streets” they said fundamentally sounds stocks are now highly attractive provided buyers have enough liquidity.

The original quote by Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family is believed to be “Buy when there’s blood in the streets, even if the blood is your own.”