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Strategies & Market Trends : Longer-Term Market Trends

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To: skinowski who wrote (1915)10/12/2008 10:10:48 PM
From: Perspective   of 3209
 
Nice, I like it. While it has felt severe, it jibes with my view that there is still more work to be done. I like that 1942 bear comparison.

While I'm tempted to just get the h311 out of everything for a while, I still see short opportunities, and what keeps nagging me is the fact that we are going to enter a period where it is going to be extremely challenging to know how to value any company. Without profits, and little book value, and given that we'll probably wallow around for years, I think it is going to be a good time to just ignore it. Come about 2010 or 2014, then we'll talk.



`BC
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