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What Happened to the Luck of the Irish?

When everything is great. The press writes how it is different this time and will continue on.
When everything is bad. The press writes how it will continue forever.
Relax its a cycle and the downside is over this year. Most recessions last 16 months the depression was about 32 months. This started Dec 2007 so we are 15 months in.

Allied Irish Bank: Diversified Earnings, Compelling Valuation

After thoroughly reading this analysis I realize it is a waste of time analyzing stocks. Consider all stocks lottery tickets. Some do better than others for about 6 years then collapse. So, always time the market, never ever buy and hold! buy and hold is what the people with their money on the sidelines what you to do. Use an index fund start buying 12 months into every recession then sell 4 years later no matter what everyone tells you. I bought some AIB at $2.39 . It is a lottery ticket. Maybe I lose maybe I win big!