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Politics : Idea Of The Day

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To: debby who wrote (31548)5/24/2000 8:08:00 PM
From: James Strauss  Read Replies (1) of 50167
 
Debby:

Bear markets take down 75% of the stocks, the good with the bad... Both HD and CMRC are good companies offered at a discount during mass selling periods... The whole retail sector is in the dumps right now... HD and WMT should help lead them out when the sector improves... CMRC represents the future of internet B2B... A longer term focus should pay off... In other words, buy quality stocks at a discount during these declines that are selling at discounts... Eventually they should revisit their old highs and go on to new highs...

Here is a two year chart of HD:
bigcharts.com

If you used a strategy of buying the dips of 20% or greater you would have made money...

Jim
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