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Author: washcomp Big gold star, 5000 posts Feste Award Nominee! Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 449351  
Subject: Re: The Smart Money Is Buying Date: 10/4/2008 7:21 PM
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At this stage of the game, my portfolio is clearly red. While over the year, I've somehow managed to outperform the market (and reduced my equity exposure to about 13% of total worth a while back), I still feel like someone's punched me in the nose (real hard). Over 1/2 of my total losses for the year are from an untimely bet on Vanguards Precious Metal fund. (I may lighten up on it - open to suggestions here).

I'm going to hold my portfolio as is through the trough. That said, I expect that hte market still has a substantial possability of going down by 17-24% before it bottoms out.

If it drops much further, I expect that I'll be bottom fishing for "the good stuff". At this stage of the game, I'm over 50% in cash and much of the rest in bonds.

Jeff
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