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Picking out the nuggets from the rubble; The bottom has fallen out of the building market in recent months.

Publication: The Daily Mail (London, England)
Publication Date: 12-JUL-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Ian Lyall

WITH the Footsie teetering on the brink of a bear market, and theeconomy on the verge of recession, the last thing you want to be doing iswading gung-ho into the equity market.

Safety first is our maxim on the pages of Investment Extra. One that in recentweeks I have taken care to stress to all and sundry.

That said, pick your way through the charred remains of the City's worstperforming sectors - banking, property, building and retail - and you canpotentially bag a bargain.

Sentiment - that fickle mistress of the equity markets - isn't always asdiscriminating as she might be. In fact there are countless examples ofupstanding, wellfunded companies that have been unduly punished for the sins ofothers.

Below I have tried to pick out the best stocks...

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