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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (31995)9/17/2008 1:48:43 PM
From: E_K_S  Read Replies (3) of 78998
 
I held my nose and added a few more shares of GERDAU SA ADS (NYSE: GGB). I am not at a full position yet, but I may be able to buy more shares in the single digits if the market keeps falling.

$VIX is getting pretty high at around 35, so I expect some type of short term bounce which may stabilize the current sell off.

What's going on with MIC down another 12%. I am watching but holding off on buying until I sell some type of price reversal. Perhaps the market is worried about the amount of debt they carry.

EKS
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