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


To: Madharry who wrote (38315)6/16/2010 6:55:08 PM
From: Paul Senior  Read Replies (2) | Respond to of 78717
 
Once people start talking about how up they are for the year on this and other alleged value threads, that seems to me to be the kiss of death, and I would soon expect a market correction.



To: Madharry who wrote (38315)6/18/2010 4:35:35 PM
From: Grantcw  Respond to of 78717
 
I'll bite, Madharry. :)

To Paul's point, I do think that I generally look back and think I should sell when I'm really proud of how well I've done in a year, but I think that probably came for you and I a couple of months ago when I was up more than 20%. At this point I'm up about 7%, which I'm satisfied with in general, but I don't think I'm proud enough for it to be a sell signal. :)

That being said, I've gotten there primarily by having a large percentage of the portfolio I track in a gold miner mutual fund for the past two months. A lot of value picks have gotten really hit, which has brought me back to earth.

Thanks,

cw