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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (14464)	5/11/2002 12:05:50 PM
From: TimbaBear	Read Replies (1) of 78740

Wallace Rivers "...In my IRA, I have a very small position of BRK B which I bought at about 1700. Considering selling the position and buying QQQ and BBH with it. Simply a "buy low, sell high" scenario IMHO..." How do you know that this is a high for BRKB or a low for QQQ or BBH? Remember this advice is worth what you paid for it! :`} Timba You may have a high relative to where you bought it, but is it also high relative to where it might be valued say, in a year? This market is not acting like one that is in recovery yet, at least to me it isn't. I think I'd advise more patience...see if the QQQ breaks below the Sept 18 lows, or significantly bounces off of them on a retest.

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