Friday 10 October 2008

Almost Touchdown

Business Spectator - The climax is near

OK, more and more calls that we're approaching ground. But, by the speed the market is falling, it might not matter when that happens. :)
There are buy indications out there. It's the question on how to pick the survivors.
My strategy is to pick funds, generally index ones. Individual stocks or even other type of funds are quite risky nowadays.

G7 is the next step from here. Deleveraging of the hedge funds is going on right now. They are forced to sell at any price, to raise cash. Not that many buyers yet, though.

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