Richard,
I have had those same thoughts about the dollar. I know the bears are still waiting, but one just has to step in now regardless of sentiment, the dollar, the economy, interest rates, Clinton, blah, blah, blah. How many times in the last 20 years have you had a chance to buy after a 36% drop in the market? A handful. The s&p is finally at about 19x what this years e will be. I have a minimum 2-3 year time frame on everything, and will go through pain if Aki is right. I will have to sell into some drops, but I am in all out aggressive mode as of today.
Disclaimer: I have been beaten like a rug, every day until today, for 10 days. Clearly, I haven't a clue, nor the sense to step out of the way. |
