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Politics : Ask Michael Burke
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To: wlheatmoon who wrote (47185)2/15/1999 2:19:00 PM
From: Bonnie Bear  Read Replies (1) of 132070
 
I looked at the new lows list...reits and utilities were hit...microcaps...energy...banks....a very odd list of profitable businesses, offering high dividends, selling at book value. and some foreign stocks...kinda like a list of stuff you'd want for your retirement. My gut tells me to quietly nibble at anything bashed the hardest now and next year, buy into terror and fear.
the stuff is easy to buy in closed-end income cefs, too..I don't lose sleep getting 8% dividends reinvested every month.
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