To: Softechie who wrote (97349 ) 7/23/2002 12:49:23 AM From: puborectalis Read Replies (1) | Respond to Buying Opportunity : : Brutal bear markets like the one we're living through now tend to demoralize investors... At some point, and Briefing.com contends that we are quickly approaching that moment, investors just stop caring about the market and look elsewhere to invest... This apathy tends to correspond with market bottoms, as it is a sign that the sellers are finally washed out... But avoiding stocks after they've come down sharply is a big mistake... Though it is difficult to consider buying into a market as ugly as this one, the potential long-term rewards demand it... And with the sour market tone taking all stocks - bad and good - down for the count, investors finally have an opportunity to own strong, quality companies at fair, reasonable prices... Remember, it's not what you owned going into a bear market that matters most, it's what you own coming out... The broad sell-off over the past couple of weeks is affording investors the chance to buy good companies at their lowest prices in years... Bypassing this buying opportunity because of the past is a huge mistake... Don't get us wrong - we're not advocating throwing all of your investible assets into the market today... That would be foolish, especially since the market has yet to show signs that it has found a bottom... However, instead of sticking your head in the sand and hoping the ugly market will just go away, now is the time to be doing your research and coming up with names you want to own for the next couple of months/years... Briefing.com is doing just that ourselves, and we will be making some wholesale changes to the Core portfolios by week's end... Housing, banking, lodging, retail, restaurants, steel, aerospace/defense and drugs/biotech are just some of the areas we are looking at to play the recovery... Watch our Story Stock and Stock Brief pages over the next several days for more specifics. -- Robert Walberg, Briefing.com
