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To: caprice_87 who wrote (58179)1/23/2008 11:06:42 AM
From: Dale BakerRespond to of 118717
 
I never say never but I am not inclined to get into stuff that depends on Joe Blow having to open his wallet and shell out for an optional purchase, or try to get a loan for it. I think we have several months more of credit market lockups to work through first.

That said, the folks who buy "too early" will probably buy those stocks at better prices than I would, having waited for a recovery. So be it. I won't swing for the fences until I have a better read on where the game is headed this year.



To: caprice_87 who wrote (58179)1/23/2008 11:19:28 AM
From: SoberRespond to of 118717
 
I may not be a W Buffett...but on the KMX we agree... I did not hold my position back then (took modest profit) , but maybe will add again at some point.

Message 23638763

Also buying some DRV under a buck when I can for similar reasons... when times get tough, debt collection services will be very useful.

Sober