Normality returing to markets

A few AIM names that were out of control heading back to realistic levels

the small co. "sh*t floats in a rising market" being adjusted

In my experience this is the time to evaluate your portfolios and decide to keep the quality and get rid of the rubbish that has outstayed its welcome on your books. If things get worse you will be able to sleep at night if the fundamentals of your holdings add up irrespective of what the technicals may be screaming.

A stock that is up 300% (pick a resource stock for sake of argument) may have recently fallen 20% over the last week but that may not mean it is a buying level...it may have way further to fall.

Not teaching all you guys to suck eggs but I really enjoy this board and just want to start a thread that promotes a balanced portfolio and reasonably hedged against implosion.

OK, so here is the question...which stock(s) do you guys FUNDAMENTALLY think you would hold regardless of market movement over the last few sessions, and would like to still have in your portfolio in 3 years time (or 30!)

To kick it off, I would propose AMEC as pension money and SEY as a quality resource play for the future.

cheers
rgds
PT

Mayborn , Hamworthy, Fisher. 3 solid stocks with strong asset backing. Its the momentum plays (mostly blue sky techs) without asset backing that are mostly under pressure today and surely for the future. Perhaphs the White Nile fiasco like the Last Minute.com fall during the dot com era was the signal that the markets had gotten too far in front of themselves.

Mind I wouldnt buy anymore stock until I could see just where this market is going. Still not convinced its anything than just a pull back/correction.

cheers GF.

no panic of course but it is just a case af analysing a future star without any ramping hype. cheers for those GF.

I have just watched Bloomberg and a hedge fund manager is saying that the pullback was expected and may not have hit bottom yet. He expects it to test the bottom at least twice before a rebound. It will give the Markets time to reflect where they are before moving forward again.

Banking Sector are expected to be strongest in the US, so my guess is that will be repeated here.

Oil to hold at $45-$50 per barrel.

Oil form a big part of my portfolio, I hold SEY HNR SIA. All longbterm holders.

Tobacco is always a good one to be in, even when people are poor they can always afford to smoke. I say that as a reformed smoker who would start again tomorrow if I could. Take your pick.

Same goes for betting, except it will peg back with the economy, but probably not as far as some other sectors. I hold William Hill.

Pharmas also will stay in the bucket, but I think I would be inclined to invest in one of the larger ones rather than punt. I will not nominate in an area I know little about.

Take a look at Begbies Traynor, Insolvency experts, up 4p today. Just right for this type of market.

cheers GF.

that is a great idea GF.

this is a healthy mini shock to the market and i agree with the man at bberg that we may see some further decline. for the record i see the dow rebound strongly from 9800.

EMI is looking good one now. another one in my long term stable (lets hope not kennel!)

I like BEG as well and of course I will hold on to my NLR--though I wish I'd taken profits a few weeks back!

NLR is a tough one. love the concept but the risks of competition/visa/paypal/US legalisation may encroack on their turf. thinking about it though. cheers.