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

To: Broken_Clock who wrote (32754)	11/12/2008 8:37:32 PM
From: Grommit	Read Replies (1) \| Respond to of 78704

Yep. That's pretty bad. I had faith that governments and central banks could prevent a financial meltdown. But I have lost faith that an economic meltdown has zero probability. a. I sold out so that I would not have to shoot myself. b. I don't mind missing the first leg of a 3x stock recovery, as long as the worst case possibilities do not occur. c. If the mkt leads the recovery by 6 months, I have time to sit on cash. Let's see who can post the clip to the worst news. Post your entry by tomorrow noon and then recommend the baddest bad news.