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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (67666)10/21/2008 10:51:36 PM
From: masa2Read Replies (1) of 118717
 
<<If you have Warren's patience and multiyear timeframe, it's a great time to buy if you can pick the survivors. Much of my recent posting has been about exactly that.>>

That is exactly what I am trying to say. Buying opportunities. But I would not buy too much energy stocks, yet (I may do it later). Have a look at stocks ten years from now (or 5 or 3 if you see it better). Where do you think banks are after 3 or more years from now? Or home builders? Hey com'on, this crisis will be over some time (probably sooner than most of you think, if you really think), and suddenly stocks are going up again (of course I am not able to forecast the future, but the first things going up will be the home builders, financials and retailers). Of course I don't know exactly when that starts.
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