RE:TNP valuationMy portfolio is not down 20% like yours. I am 100% cash and ready to buy oilies in the low. I think The market has 2 more months of corrections, so I will buy in the low, I am not in a hurry. Bankers, Tag, AOI and TNP can decrease easily 20% more and then I will get them...... Patience has always pay off to me :)
Julien