hey bros here from australia....

does anybody whos involved in the trading of stocks in the stock market have anything to say about all these dramas? my main question is will this sub prime trouble recover and blow over? the reason why im asking is because stocks here in oz and all over the world are copping a beating.
the sub prime problem does not directly affect my stocks but its causing panic selling which is sending the market way down which means im losing a shit load of money everyday, analysts here are saying it will pass and return to normal here in oz because our economy is strong but im not so confident.....

any comments guys would be helpful