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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (35687)10/12/2009 10:22:13 PM
From: Paul Senior1 Recommendation  Read Replies (1) of 78717
 
Have no idea about the technicals. I continue to add to oil/gas stocks. I don't like doing that. My exposure is already large, maybe too large. It's just that by the metrics I am using and converting to value determinants, a few oil/gas stocks are just so compelling at current prices. Well, I'm compelled anyway. -g-. The scary thing is that it seems to me all these oil/gas stocks mostly rise and fall with the price of oil, so I am hostage to that. That has really hurt me late '08 on, as oil fell. I really should focus more on portfolio management overall rather than stock accumulation in this sector. (sigh)

I continue to monitor some other so-called value investing boards. When I read of people again talking about how well their portfolio is doing; how they've recouped losses or that their portfolio has hit new highs, I will consider that as my technical indicator to get out of stocks. That time seems close.
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