Hi
It looks like some very good value opportunities might arise much quicker than I thought. Since my last post I have increased my cash position much further to approx. 75% cash and 25 % shares (mostly shares purchased before and during the GFC plus a few of specs - e.g. DEG, STX )
Well done to those who increased their cash positions late last year and early this year. Looking forward to the long term - now waiting for good long term value.
Regards
Old Fisherman
Old
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Glen Diemar, MD
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