I have missed the bus this time, with no regrets. My prognosis:
- insurance stocks will have to bite impairments from low stock prices
- industrial stocks will be affected by high energy & fuel prices, erratic stima, falling demand, etc
- the economy is not what it was last year, and interest rates are not behaving
- Kenya now has to finance a war budget
- trouble in the west - US bankruptcies, euro debt, slowing Chinese/Asian economy
I am sitting this one out till next year or 2013
A bad day fishing is better than a good day at work