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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (9258)12/10/1999 11:32:00 AM
From: Jurgis Bekepuris  Read Replies (1) of 78595
 
Jeff,

Compared to "earlier" ages, current days' corrections
may be much faster - especially for go-go stocks.
Even though there are limits on how much Dow or
S&P can fall in a day, that does not limit
AMZN falling from 100 to 40 in a week. And it looks
like both momentum heads and the value investors
are quick to forget this October, last November,
and couple other times during last two years.
I can bet you that in the next half-year there will
be a month when nobody will want any stock
for no reason. (And that won't be a crash either ;-))

Off topic, I was looking at the universe of tech stocks
lately. And apart of the parabolic success stories,
I saw enough of former parabolic success stories
that fell more than 50% from the top and have not
recovered yet (ever?). Buyer beware, or keep the
finger on the trigger. ;-)

Jurgis
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