Hi Ron, <<... the viability of the US markets, is that there just aren't many places overseas that aren't more drastically impacted by a US slowdown than the US itself ...>>
I agree, but go one step further, and that is, in fact, there is no compelling value anywhere (including the US), with the possible exception of Russia, and possibly South Africa and/or gold, and possibly China, for very different reasons, and more problematic, selecting market is easier than selecting the specific companies within that market.
To spare myself of an inevitably diverting discussion in making my main point, I will now remove "South Africa and/or gold" and "China" from the list above, and focus on, oops, no, not "Russia", but on the current lack of compelling value, and no, not now, but this weekend. I will define what I mean by compelling value now by stating:
Compelling value = such value proposition that literally forces the investor to buy and hold, through possibly long incubation period and numerous false tops and tense corrections, because the returns possible within planning horizon is several multiple of 10.
Different thrills :0)
Chugs, Jay |
