Pessimistic Optimist

Is It Time to Buy? What History Shows

sideways...that is right
the L is coming. We have been in the fasaud of a bull downturn bear upturn.. now then, I said it -hated to but it neccessated circumstances. For sure, we are in a recession how long is still uncertain.

Anybody here willing to challenge my thesis on it feel free but remember when you go in and things don't happen like you figured; in other words you lose more.. you have just you to blame.. you cannot even listen to pundents as they chart watch and listen to mgrs who guess...at best. I love the addage.. I can miss the first 20, ride the next 60 and be vigilant on the last 20.

Bottom line.. hold off things are so cheap yet you will be fine.. I am hoping I can practice what I preach as these stocks do tempt me.

Copper Prices Slumping; Targets Cut for Barrick Gold and Goldcorp

Seems like intrinsicly copper is link to BRIC countries but a stalwort in China. Eventually they will come back on board.. when they do, copper will revv a bit. Too much skepticity for a full rebound.

25 Cash Cows to Ride Out the Storm- Barron's

I like her thought process.. but the stocks are not in my line up. Ok.. I went defensive.. they do not move up much but they don't move down much either. A few great stocks which are now become a hold for the dividend they are starting to produce. NUE is 3.4 and climbing. Why not get something for your wait? Add on dips.can they go down another 10 points? maybe, probably but what the hell.. dollar cost them down. Of course this is if you sold into strength last week. I stay with FCX MO GE JPM and BAC. Pay me some divvies and I will wait a little more patiently. Sleep a little better in the evening.
disclaimer: I am as pissed as anyone losing 66 K this qtr. in my 401K but trying to stay positive and look beyond this minute in time.