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


To: Jurgis Bekepuris who wrote (27586)8/3/2007 5:56:57 PM
From: Dale Baker  Read Replies (1) | Respond to of 78817
 
Financial and highly-leveraged companies are fine on the upside of the cycle; I think I added about 15% to my account with NFI years ago and I was out before it doubled again from there.

But chasing them down in a panic can be very hazardous to your financial health. While they are crashing, they should depress prices for a lot of unrelated stocks which will be the best buys once the dust clears.