Since the fall, the price-to-earnings ratio of the Standard & Poor's 500-stock index has pointed to a big market rebound, he said.
It is possible, investment bankers said, that a portion of the paper losses could be regained if the the stock market rebounds.
It is possible that her company, Silhouette Llamas, could be a moneymaker one day, if the market rebounds.
Unless there is a market rebound, near term, there isn't a catalyst for a big uptick.
And with the earnings coming in strongly as well, there's no reason not to have the market rebound.
On Thursday, there was a powerful market rebound, as the three major indexes rose by more than 2 percent for the day.
But there are weak links in the index, and those could be enough to restrain a broad market rebound.
Our 50 percent invested positions reflects two things: some good long-term values and the possiblity of a market rebound.
"We feel the company is very well positioned for the eventual market rebound."
"And when the dust settles you can see that," he said, referring to Friday's market rebound.