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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (32469)10/15/2008 2:07:31 PM
From: Dale Baker  Read Replies (2) | Respond to of 78661
 
At the moment, capital preservation has become a higher priority than buying apparent values; equally important, the market is telling us is doesn't believe most of those forward estimates so buying into them isn't the actual value proposition it seems to be. At least that is the reality of the moment.

If the market is wrong and the estimates are right, the returns will be huge. If not, losses will continue to mount. I reached my max pain loss level for the year; I am still 40% invested but sticking there.