"You can't build a reputation on what you're going to do." Henry Ford
Wednesday, November 14, 2007
The market has been so negative lately, but earnings are still strong. Look at your favorite companies p/e ratios and you may find that they are at historic lows. I am a buyer at these levels and believe this is a temporary down turn. Lots of great buying opportunities. Financials and housing are way to volatile right now, but if you can pick the bottom or don't mind sitting on some stocks for a while, financials are really cheep.