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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (7891)7/30/1999 9:27:00 AM
From: Bob Rudd  Read Replies (1) of 78783
 
Mike: WMI...excellent point on tax-loss selling...thanks for the reminder. August 16th may also have further revelations, maybe even a big-bath...but my read of the cc is that Hills has already done a lot of dirt digging...most of it is out
vcall.com
My initial position is about a third of what I'm prepared to commit - enough to get my head in the game but not enough to bury me if more selling hits. Miller at Legg Mason made WMI one of his top positions on the sell off to 33-34, so I'm feelin' not too dumb, if 26 is just another mark on the way down.
bob
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