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


To: E_K_S who wrote (32411)10/10/2008 3:43:01 PM
From: Lazarus  Read Replies (1) | Respond to of 78659
 
I decided to take my divy today: out at 20.39

on my buy at 19.35 yesterday.



To: E_K_S who wrote (32411)11/13/2008 4:29:46 PM
From: E_K_S  Read Replies (2) | Respond to of 78659
 
Never thought I could buy GE below $15 but picked up a few shares today at $14.75. Stock goes xdividend December 18 so I will probably unload some of my more expensive shares at that time.

Lots of good buys this AM but I was a little timid with the president speaking. I still expect lower lows but it is nice to see these huge rallies so I can reshuffle the portfolio and sell many of my higher priced (loser) shares before year end.

Part of good value investing is portfolio management. It takes time and discipline to work out the higher price losers and replace them with undervalued next cycle winners. I try to always stay invested but recently my percentage cash was getting a bit too high. It takes discipline (and some courage) to deploy new funds back into a never ending falling market. It's a must if you want to lock in some of these great value plays.

EI DuPont de Nemours & Co. (DD) is one of my favorites and was available at 1994 prices today (traded in the $26 area).

finance.yahoo.com^gspc;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

It will be interesting what the year end might bring? A big rally based on hope or tax loss selling... out with the losers and hold cash.

EKS