Web Chart, page-296

Short-term volatility is the long-term investor's opportunity. There are a number of things going on, one is that fuel prices are increasing, another the housing price "crash" fears, the Thomas Cook worries, raising interest rates, the increasing risk-free return and people pulling money out of the share market and dumping into their mortgages. All of this is acting to undermine the SP of web.

Now, out of all that, which actually effects the business value of web? well, just the Tom Cook situation, which is temporary. Cool, so wait until the SP has bottomed and then load up