The main indices of major stock markets in Asia, Europe and the US have been trending down on bad news related to the state of the US economy, the casualties of the subprime loans crisis and the ever rising price of commodities, especially crude oil.The KL Composite Index closed at 1,296.33 last Friday, down 3.36 points, analyst said the selling of certain stocks earlier in the week was led by foreign funds.Rising cost pressures was the most worrying sign from the Q4 results.Labour, raw material costs such as steel and building materials have all gone up. If there was difficulty in passing costs to end-buyers or customers, costs were likely to dent profits in the second half. No body likes to buy when the markets are down because "you never know when it's going to hit the bottom and recover.** You must spread out your buying . It a downturn appears only for a short period so if you wait, it may be too late. Take a position and start accumulating.....The current volatility did not mean it was the end of the world for the investors.It really depends on the individual and their risk appetite or expectation, whether they are short-term traders or long term investors but the current market condition is not for those looking to trade.The situation was likely to remain at least until the US announced its Q1 gross domestic product growth figures next month.It may not be good and then there's the Q2 results and we don't know if it's going to be bad or worse, or recovering..