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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (18547)	1/26/2004 10:34:05 PM
From: puborectalis	Read Replies (4) \| Respond to of 78530

Value,Growth........whatever you call it,they're stocks that are worthless if nobody wants to buy it from you.I can assure you that I've been investing(gambling is a better word)longer than you on the Street of Dreams and the one thing I've learned from the Bubble bursting 3 years ago is that ALL stocks are trading vehicles.The days of buying and holding for the long term don't apply to the new millenium.Also,have you noticed none of us have received a solitary cent from the monies paid by brokerage houses for their malfeisance.The liitle guy never had much of a chance in the long term in the equities arena.

To: Paul Senior who wrote (18547)	1/26/2004 11:06:16 PM
From: Grommit	Respond to of 78530

Hey Paul, The thread has clearly gotten diseased with rude comments and posting ignoring the purpose of the thread. I don't know how the present thread description could be clearer. I read only the postings of those here who am familiar with. Maybe the thread won't make it to 20,000 postings with me around. If you move on, let me know where you are going. I appreciate your suggestions, and the frequent links to decent reading material. grommit

To: Paul Senior who wrote (18547)	1/27/2004 12:00:37 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78530

Paul, I have not read this article but i have a hard time to come up with stocks with a PE of less than 10 that I like. I assume there are a bunch of homebuilders, mortgage lenders and some insurance plays in that group. Amongst the 3 choices, I would probably try my luck with the insurance stocks. I don't like the homebuilders even though they have a low PE because the RE boom has been going on so long and I feel we are close to a top, because the artificial low interest rates should go up. The same could be true for the mortgage stocks. Of course the same growlings have been coming from the bear camp for quite some time now...

To: Paul Senior who wrote (18547)	1/27/2004 1:25:32 PM
From: Sergio H	Respond to of 78530

Paul, another interesting group of stocks is found in the listing for top holdings for FVL and FVD. These are two closed end funds made up from Value Line selections. FVL contains the top 100 stocks selected by Value Line for timeliness and FVD are stocks selected by Value Line for dividend. ftportfolios.com ftportfolios.com The full portfolios can be selected at these links.

To: Paul Senior who wrote (18547)	1/27/2004 5:19:45 PM
From: Steve168	Read Replies (1) \| Respond to of 78530

Paul and All, no value stocks is not necessarily a bad sign, this is the typical market cycle. We are at the overvalued phase and value investors should take some chips off the table. Most value textbooks say "don't time the market". I have to say that "time the market in very short term (daytrading)" is almost a sure way to lose money, but longer terms (couple years) one has to time the market. Warren Buffett is a long-term market timer, otherwise why sometimes he put all money to stocks and other times sitting on a lot of cash? He is sitting on over $30B cash now (rough number). My model turned bearish Thursday 1/22/04, and I am putting money where my month is - shorted big position in QQQ at around 38.25, and smaller positions in individual stocks that I think are significantly overvalued. I am hoping to pull off a "no drawdown" month if the market correct, or at least a much lower correction than the market. Time will tell. Good Luck to all!