To: Return to Sender who wrote (54048 ) 10/3/2011 4:38:56 PM From: The Ox 2 Recommendations Respond to of 95378 You are not buying thinking a long term bottom will be put in anytime soon? No, not really. I have been remodeling the long term stock portfolio, more than anything. I'll be the first to admit I have no idea where a bottom may be found. All I'm doing is moving money out of stocks I don't want to own into ones that I do. I plan on holding onto most of these into 2013, if not a lot longer but each one will be reviewed on a quarterly basis to see if my views have changed. I will be pulling out of a lot of the stocks I've owned for the past few years. Since so many have tanked, I am slowly moving out of them. When a rebound occurs, the rising tide will lift most boats. I think the ones I am buying now will perform better once the trend finds a reversal. I'm not as negative as most people I read and hear. I understand their concerns and appreciate their caution. I see this as just another pendulum swing. At some point it will reverse.... My view is that we will see a bottom, most likely in the next 2 months but I won't be surprised if it doesn't happen until the middle of next year. Actually, I think a lot of the problem here in America is that racism is alive and well. Many of those who thought we were moving towards a more civil society are beginning to realize that racism is much more imbedded into the general population. It just gets painted differently than in the past. Here's a prime example: (it cracks me up to no end how much we keep hearing about) "how hard the rich have had it for so many years". What a F'n joke. I am no longer employed (EDIT my own choice to semi-retire/take a sabatical ) but I used to pay more taxes than 99% of the population. Did I like it, hell no but I never deluded myself into thinking that somehow I had it bad or rough because I had to pay them..... You make big money, you pay big taxes. So what, stop crying....its much better then not having a job or not finding work in your field and having to waste your time in a job/career that never allows you to use your talent.....Anyway, I will refrain from adding anything more, as I know this is not the forum for such talk. JMO TO