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


To: Shane M who wrote (43854)8/11/2011 12:04:44 AM
From: Grommit1 Recommendation  Read Replies (1) | Respond to of 78476
 
>There's no worse feeling than being out of ammo as valuations pass "cheap" and "stupid cheap" into the "ridiculously cheap" range.

Another bad feeling would be to miss the boat on the turnaround? How do you know that 50% cash is the right call at this point in time? How sure can you be that things will get "stupid cheap"?