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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (35197)8/21/2009 10:05:52 PM
From: Spekulatius  Read Replies (1) of 78751
 
Taking some profits here with NOC and SMBL. Cash now up to 40%+ of my portfolio again. We all look like geniuses here with our recent stock picks but I don't think it will remain this way. My Portfolio value is at an all-time high. 2008 must have been a nightmare.

Paul you are correct that stocks are not cheap based on earnings and considering the economy. The prices incorporate now a fairly rapid improvement. If that does not happen, we are going through to rough waters, imo.
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