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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (5092)10/6/1998 11:21:00 PM
From: Paul Senior  Read Replies (3) of 78525
 
Wow, it's a bloodbath out there. Worst that I can remember. (But my memory isn't that good -g-.) Not too many posts here either. Everybody around here must be in shock. Probably the most sensible thing anybody can do is to lighten positions, maybe start (if not already) some short positions. Certainly just step aside until we hit bottom. After all, every day it seems to get worse no matter what value stocks we own or are looking at. Yeah, that makes the most sense to me.

So of course I will ignore that and continue, as I have today, to add to positions I am uncomfortable owning. It's the only way IMO -g-.
Added today to CNC, LHO, LEH some others. FWIW. Paul Senior
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