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Strategies & Market Trends : Value Investing
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To: Grommit who wrote (33514)2/12/2009 2:58:27 PM
From: anializer   of 78745
 
I agree, its a worthy idea to hang on. Yet the market is so chilly and volatile, I've learned to take gains on 30% one day pops as a matter of prudent caution. I'll stay with my remaining DFT and on a gap fill or retrace, may re-up some more. If value meant anything in this market, I wouldn't have so many stocks selling at huge discounts to tangible book value with earnings. All the market cares about is the price of the stock and grabbing gains when it's possible. In that environment, anything goes.
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