E! Tough to make a call on the bottom of the market.... If I understand the data rolling in now, we are going to have a worse 2nd quarter earnings record for tech stocks than we had in the 1st quarter. Wonder what that means as regards investors "looking over the valley"? I'm starting to believe there is a possibillity that we mightl see the worst of the market decline complete by April 15th. This economy is just not looking at all like that '73 - '74 economy that I was using as my guide for "reading" this market. Most sectors look much more positive, with tech stocks just skewing the stats enormously.
I'm starting to buy back in on the basis of that assessment. Most of my funds are going into value funds: MVALX, RYLPX, ASVIX, and some medical funds: MEDRX and JAGLX and an assortment of small/midcap growth: WGROX, FUSMX (building back up), TVFQX, and a newly initiated (small) position in TIFQX, now that the fund has been reopened.
I think I'll be doing more of my tech stock buying through funds this time around, E! -- at least for the first year of so of recovery. And the funds I expect to perform are TVFQX, TIFQX, JAGLX, and FUSMX (these last two are closed, but I've always kept a small position)...
Above provided for the Thread use ( I think I've bored you with the data on these funds before, E!)....
tso |
