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bobbobwhite's
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Health/medical stocks have held up better than anything in this debacle, but probably will get hit before this is over so not a safe haven now.
Nov 19 11:46 am
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All Comments by bobbobwhite »Throwing in the Towel on This Market? [View article]
Why writers like this one think they have to make guesses on where the market is right now.....e.g., the bottom, the peak, when it's safe to buy, sell, etc. is beyond me. I guess that's the thing they think they have to do for us, whatever. Guys, please don't do it...you know nothing and it just adds to the confusion about this problem that few experts even know much about.
I am 90% in cash, and 10% in formerly hot but now bottom feeders with buy prices about 1/20 of estimated growth, or around .05 PEG!!!. Even though these too are falling along with the rest, they sure have great potential and not much more to fall, I hope. (he says, without much enthusiasm.) Good luck all, you will need it.