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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (2669)	6/30/2001 10:31:12 PM
From: pbull	Read Replies (1) \| Respond to of 13815

I'll take a stab at this one, if you don't mind. Going into a recession, investing in general is not a good idea, regardless of what various people may say. Now, when things get really bad, opportunities begin to surface. With regard to timing, when the TV news shows have guests (analysts) who predict that the recession (which they said would never happen) will get much, much worse, that's when we know that it's time to buy. Now, how do I KNOW that? Well, because it has always been that way. With global economic meltdown a foregone conclusion to many of these idiots, we're getting close to a good investing opportunity. We had one in April, and there will be more. So there's the timing issue. Now, WHAT to buy? My preference is to buy something that everyone else has left for dead. I don't own any MCLD, but someone on this thread might, so there's an example. Another way is to look for companies that have been really good for a long time, but get pummeled with bad news. SGP would be a good example of that. Lots of bad news there, but it has been a solid company for a long time. So I would also look for situations like that. I'm certainly not recommending SGP specifically, but someone on another thread, who's a pretty smart cat in my opinion, says he has picked up some WCOM. Similar circumstances. Now, another way, and this one is a little tricky, is to pull what I call a "John Neff" and buy fast-growing companies just after everyone else has dumped them out of fear they won't grow any more. Ever. Forever and ever. Again, just as an example, I would put NTAP into that category. Supposedly reasonable people were paying north of $100 for that one not long ago, but now they want nothing to do with it. Then, even better, is the Sig method. Find out which trains are leaving the station (momentum), and get on board as soon as you can. But don't forget to protect yourself with stops, or even selling if need be. But THE VERY BEST investment strategy, in my opinion, is to invest in yourself. Eat healthy foods. Take a balanced multivitamin, with minerals. Exercise in moderation. Stay active. Expand your horizons by taking a college course, or, maybe even better, a workshop at your local vo-tech school. Do some volunteer work. Meet new people. Why? Because if your brain and bod aren't operating properly, this other (investing) stuff doesn't matter much. Only my opinion. Best wishes, PB

To: freeus who wrote (2669)	6/30/2001 11:11:50 PM
From: pbull	Respond to of 13815

Hi Bo! And just to finish up, remember when no one wanted anything to do with the semiconductors? Well, most all of them had a good week last week, so Mr. Market is beginning to price in a recovery for the sector. How long will it continue? Your guess is as good as mine, but when companies like PMCS warn, and the stock goes up anyway, that's a bullish sign. Have a good holiday. PB