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Strategies & Market Trends : Value Investing

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To: blind-geezer who wrote (32880)	11/27/2008 7:44:06 AM
From: anializer	Read Replies (1) of 78748

Thanks for the note. Everything up in the air on ASH. For me, its merely an attempt at an oversold bounce play, not a long term investment as I'm unimpressed with ASH management, and the latest report shows a real potential for continued demand destruction in some of there markets. I'll likely get out rather quickly if the current market rally doesn't lead to some gains in the stock soon. If it does, I'll likely take some percentage gain relatively soon. I'm very tired of trying to trade and bottom fish in a market that so far remains bearish, and is punctuated by nutty rallies where a stock gains 40 or 50 or even 100% in a few days. Maybe seasonably we are in the right time for a rally, but those I listen to say its still a bear market rally, with which I agree. How far and how long it can go is open to question, but when they do roll over again, it aint gonna be pretty. Never is. Jim Rogers was also on TV and his words for our Government were extremely harsh, calling the bailouts an unmitigated disaster and total complete insanity.

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