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camtraveler (56.86)

fear

Recs

2

April 06, 2008 – Comments (3) | RELATED TICKERS: IIF , IFN

Well we are in the midst of fear with the R word and even the D word being said.  Yes, there is a downturn and the markets have dropped; china and india by 40% even though their economies are still booming.  This is the time to not panic and to hold.  I have increased my holdings in these areas and feel that long term, they will be great.  I am trying not to look at the market every day and just relax and enjoy the spring; confident by the fall, the markets will be up.  My feeling is when the election (US) comes closer, people with feel more confident of change and the markets will reflect this.

 

Cheers,

cam 

3 Comments – Post Your Own

#1) On April 07, 2008 at 7:29 PM, Scones (47.51) wrote:

I agree wholeheartedly Cam. I loaded my boat several weeks ago in China and India on some great value plays. Many great fundamental companies had gotten ridiculously oversold technically. I'm sitting back waiting on the next opportunity although I'm not sure where it will be just yet.I still pluck a domestic value play from time to time. As always, I am looking to short the bloated pigs as well!

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#2) On April 08, 2008 at 10:30 AM, camtraveler (56.86) wrote:

You are better at picking the stocks more than I am.  I just couldn't decide between china and india, so bought fni a etf that has both. 

 

Cheers,

Cam

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#3) On April 08, 2008 at 10:31 AM, camtraveler (56.86) wrote:

You are better at picking the stocks more than I am.  I just couldn't decide between china and india, so bought fni a etf that has both. 

 

Cheers,

Cam

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