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To: Kayaker who wrote (110684)1/10/2002 8:35:07 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 152472
 
you ain't never gonna buy nothin'.

historically, that has not been the case.
as for the strong market, it's just a bear market rally imo. many people were up big from the rally but were down big on the year. i had a pretty good year myself, and i was only in the market for half of it. as BUFFETT says, there are no called strikes in investing. and i can be patient.

the indexes never got close to cheap during the selloff. when i run the numbers on certain much-beloved stocks, i find the prices people are willing to pay quite amazing. some day i expect they will be fairly valued again. but even if that doesn't happen, i don't think there's much to miss, except danger. like i said, imo, "all the risk, none of the reward."



To: Kayaker who wrote (110684)1/10/2002 8:52:09 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
IMHO if you didn't find a few stocks worth buying at the end of September, you ain't never gonna buy nothin'.

Well you win dumbest thing ive read all year(well it is only jan so you have a chance)

Even at the september lows most stocks and the indicies as a whole were trading 30% above mean value. The S&P is around 14 it is now arround 28, in september it might have been 18-20. There are few to no bargains out there, a fact bulls will re-alize when its to late.