Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Clarke who wrote (4869)	8/29/1998 7:46:00 PM
From: kahunabear	Read Replies (1) of 78515

James, I think it is important to wait for a major selling climax to commit additional funds to this market. When stocks are being given away. I remember in 1987 how stocks were gapping down and it seemed like any bid would get picked up. I have been impressed by your disciplined approach and ability to stand back and let this thing evolve. As a contrarian and value investor who hasn't seen so many opportunities in years, it is very hard to hold back. Values seems to be popping up all over the place. REITs are looking sickly and Semis and oil service are in intensive care. But, I like your idea of waiting for the high quality companies to catch a cold. However, I think I will use it more as an indicator. I will mostly be buying deep value with zero debt and plenty of cash. In the end, I have mixed feelings about the future. One side of me would like to see the selling subside. I have plenty of powder left, but I am net long. Yet, I am sure I will eventually be better off if I can pick up some blue light specials gapping down hard in a major selloff. Discipline, patience and money management are key. WS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next