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Valyooo (38.19)




November 22, 2010 – Comments (2)

Is the general consensus that this is still a correction? I havent had computer access in a week.  Everybody was calling it a correction, which made me think it would be a bear market (I am super contrarian).  Its lasting too long, and Euro problems lasted long last time.  Is everybody still convinced this is a normal correction?

2 Comments – Post Your Own

#1) On November 22, 2010 at 12:19 PM, brickcityman (< 20) wrote:

Here's my assessment from not long ago


But reader beware, my CAPs score is pretty indicative of my prognosticating ability of late.

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#2) On November 22, 2010 at 1:50 PM, Mary953 (84.42) wrote:

My CAPS score is a reflection of the fact that I cannot keep up with doing the CAPS bit and the real market (I get confused easily)  =)

I am 100% against spam, especially on CAPS, and it seems to be on most of the blogs that I read today.  Very frustrating. 

As to your question, I have switched most of my holdings to the blue chips with attractive dividends that are so cheap right now.  Perhaps 60% is there waiting for the bond holders to come back to stocks (you know it will happen eventually and 3-4% plus growth is much better than 0.1% safe return)  This way, even if it is just a correction, I am not totally in trouble.  I am fully invested though and expecting a bull market with just that bit of a dip right around Christmas and then a spring back.  Then again, I am an optomistic Fool so maybe you should take my thoughts with a large spoonful of salt.

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