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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (6352)3/18/1999 10:17:00 PM
From: James Clarke  Read Replies (4) of 78486
 
Clayton I have no idea. Small cap, boring stocks are underperforming in a big way. If you ever considered Clayton (or Champion) now is the time. USEC - somebody big decided to sell today. Hopefully they're done. A million shares traded as a block at 13. I don't think there's a problem there either. Likewise another favorite of mine, Ambac is down to 54 or so - a decent point to enter.

You've got a market that looks just like last July, which means it might not be a time to buy anything. The "market" is hitting this champagne popping record, which makes me laugh because there are more new lows than new highs. Its only a few stocks. This market is very very dangerous. And yes, that is a market call.

And Mike, thanks for Tidewater. Its been running, and announced a buyback at the close today. That's the only stock I have (other than Amazon, which I'm &%*#ing short, that is going up). Its been a rough year for me so far.

JJC

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