Monday, October 20, 2008
Lamb to the slaughter or a time to buy?
The FTSE is down 40% from its peak during 2007. James Daly is aware there may still be problems ahead but does not believe that we are on the verge of Armegeddon so has put his money where his mouth is. Personally I think there is some value to be gained in the right sectors, i.e companies heavily funded by the public sector but I'm not too sure the bottom has been found in the UK yet and expect a little more volatility.