Darren, wow, we get the "8 day to 8 year" view.
Two questions re:
So, before the end of May, you'd better be loaded up with stocks -- and I don't mean those d*gshit stocks that get flaunted around SI, I mean core stuff where you can make money through a bear market; CPQ, INTC, DELL, MSFT, CSCO, DIS, NKE, GPS, etc. Franchises, monopolies, and sure things...not "possibly" good stocks like ASND. And before October, you have a huge decision to make.
Why do think these stocks are immune in a bear market?
If all these stocks are going up, how can it be a bear market?
These kinds of stocks are the ones that have been fueling the current bull, not the small to medium caps. It seems to me, that by definition, in a bear market, these are the first to go, the ones that could be considered overvalued on a PE basis. And the ones to be in might just be the currently undervalued (on a PE basis), small to mediums, the ones that have yet to participate.
The above is just a contrary view to yours, and not my opinion of where the market will be in 2-4 years. My view is that absent inflation and higher interest rate, we will continue up unabated, although slower than the first 4 months of this year.
Gary |
