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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (9353)10/17/1999 3:38:00 PM
From: Investor2  Read Replies (1) of 15132
 
As you know, a relatively small number of big-cap glamour stocks are primarily responsible for the recent market highs. In the mean time, the market breadth has been deteriorating, with new low/new high and advance/decline ratios showing that the average stock has taken quite a beating.

Well, after Friday's sell-off, it seems that some of the out-of-favor stocks (i.e., non-tech, non-large cap) are becoming quite a bargain. Maybe some of these out-of-favor stocks are giving us a gift horse buying opportunity.

Best wishes,

I2
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