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


To: Madharry who wrote (40478)12/8/2010 6:52:39 PM
From: Mr.Gogo  Read Replies (2) | Respond to of 78728
 
Maybe we are over reacting. Maybe you are right. But according to my logic if there is inflation and there is no doubt there is inflation, they have to raise interest rates. This will put brakes on construction. I don't know how badly they will stop building, but as far as I understand they have built pretty enough. They will use a lot less iron, tiles :) and everything that goes in construction. They may start building something else (power plants, etc) but we don't know. This is why I am out. Because GFRE is an example that things can crush really fast in these companies. Good luck to everyone who has the courage to stay. I did it in 2008 when my logic was telling me I should be out with a small loss than waiting to go down 70% on some stocks. Luckily I had very little money invested.

As I said, Good Luck.

Georgi