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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (55958)	8/24/2015 10:56:15 PM
From: Paul Senior	of 78639

More on whipsaw: Well, if I weren't holding some stocks longer-term there could be a way. Today's market action has stopped me from adding to several positions. For example, I looked at adding to Pepsi (PEP). I've been in this stock since '09, with small adds '11 and '14. At $90-$91 when I looked at it this morning, I was willing to add more (a Cramer recommendation also this afternoon). However, I spotted that the low (real or not, for a few shares or not) was $76.48 earlier in the morning. Whoa. That is really a fall. So now I'm not so willing to add at $90. Afraid of whipsaw? Maybe. (My add would only be a small $ commitment though.) Could the stock go back down there again if market falls more? Maybe. I ask myself, why take a chance at $90, when we've now seen $76 printed. Pass and move on, at least for now.

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