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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (6885)7/18/1999 11:21:00 AM
From: Kirk ©  Respond to of 15132
 
Good points. The best (and worst) performers are what makes the market...

reNow if Bob could tell us in advance, which 2 Dow stocks will be the top performers, then he'd certainly have my undying devotion! <vbg>

Well, Dreman's book "Contrarian Investment Strategies" pretty much says buy the big companies when out of favor. Worked like a charm for me with IBM and HWP...vbg Some say now is time to look for energy and tobacco companies to buy, even DIS perhaps except it is still selling above market. I may look to health care if old Hillary and those "drugs on medicare" people could get a bit more fear into these stocks and make another early 1990s health care buying opportunity materialize.

In a way, you can build your own diverse S&P500 mutual fund by buying some big companies when out of favor. Sort of "Dogs of the DOW" just don't sell when they come back in favor, just take profits and diversify more.

regards
Kirk out