Hey Paul, I can understand your aversion to market timing, but I don't get why financial calculators would bother you.
Another plug for Cyprus Amax (CYM), one of the cheapest stocks I know of. I was talking through it with a room full of value investment professionals today, and even they made a face. That tells me that every conceivable seller has sold. Yeah, their business looks awful, but everybody knows that. I think I have said before that sometimes that face is the best indicator. Especially when you also know that metals stocks tend to outperform consistently in December, January and February. I have done a 30 year study on this seasonal effect, and the results were compelling enough for me to buy a copper stock. Just make sure you sell it in March.
'Tis the season to buy January bounces. My picks would be CYM, Clayton Homes (CMH) - note that Clayton's drop last week was a 5-4 split, not a decline in the value, and the entire REIT sector.
Jim
:)
JJC |
