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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (4586)8/4/1998 2:06:00 AM
From: jeffbas  Read Replies (1) of 78667
 
Your approach is fine if you have unlimited capital. I think the odds favor a big cap correction over a small cap advance. That will drag the value stocks down more. Therefore, unless you are underinvested now, which I am not, the odds favor being patient and doing nothing. I was an investor in 1973-74 and what first appeared to be a value price often got cut by more than half before it stopped going down.
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