Am definitely buying certain stocks in tranches...i have been through these moments on so many occasions that it is not a bother. The markets will recover and go into a rally into the end of 2011....
Companies with resources in ground will do well....the ounces are going nowhere. The share price is reflective of fear...but the savvy investors will be picking the pieces up and making a fortune.
History repeats itself all the time....the biggest money i have personally made is in during these times.
PXG Price at posting:
16.4¢ Sentiment: Buy Disclosure: Held