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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (35141)8/17/2009 12:13:16 PM
From: Paul Senior  Read Replies (2) of 78702
 
If you have a method, Madharry, I guess you have to stick with it.

Given that the whole world seems down today, then if the method is technical, then maybe technically everything's a sell.

Which goes against my preference to buy on down days. Which maybe is now buying on a dip, which could be wrong. Then again, I believe, or hope, I have a method too, and I'm sticking with mine.

I've pulled my sell orders for now on oil. At current price, I'll start up again a buy of a few shares of XOM.

FVE, mentioned here by others, at today's price now looks okay to me. I'll join Grommit and Spekulatius with a buy of a few shares.

I'll up my few shares in reinsurer AXS by a few more shares. Low forward p/e, under stated bv, profitable each of past several years (its short history), small dividend.

I'll take some shares of bdc FSC. Dividend approaches 10%. David Einhorn who trashed bdc ALD and was proven right, is in this one as an insider. Maybe his confidence in FSC management is a positive.

finance.yahoo.com
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