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whidbey is a
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The average investor does not have the perspective and time horizon that Buffet has on investments. I suspect that large asset buys are now feasible, but stock buys by the public is not yet feasible until it is understood that consumers will not support a recovery. The unemployment levels have yet to level out which suggests that there is more down side to go before buying is indicated. The P/E on the S&P is the real marker; watch the P/E and leave Hussman alone, and above all Buffet. Both are flags in the wind, but not the wind.
Oct 07 11:50 am
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All Comments by whidbey »Voices Of Calm In the Maelstrom [View article]