The markets have taken a toll on those of us who are invested. This is not a good time to sell in order to keep the little that is left from our capital. If anything, this deterioration in prices create a buying oportunity in selective issues for those who have the intestinal fortitude to risk more funds.
The cycle we are experiencing will weed-out the weak short-term investors and will continue until most of the willing and unwilling sellers are swept away.
A market bottom may be forming and, in twelve to eighteen months from now, we may be looking at a healthy rebound.
.
No comments:
Post a Comment