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

To: Windgoof who wrote (44784)	10/4/2011 11:21:38 AM
From: Sergio H	Respond to of 79163

I've been selling everything in my portfolio that is not a value stock. I'm not buying anything just yet as the major indexes have broken under their recent trading range. It's impossible to call a bottom, so I'll be looking to start buying back soon. I've held on to stocks that are near their highs which is quite remarkable in this market sell off and will be buying more shares of these stocks soon as well as buying oversold stocks. Historically, Sept. has been the worst month for stocks and the fourth quarter has been positive. We should see a rally soon. I think its a good time to start loading up on high quality stocks. With all the cash sitting in the till at so many companies, we should see more share buybacks soon or acquisitions. Fourth q earnings reports with a positive spin would help too. From Sam Stovall: <Since 1945, the Standard & Poor's 500 index has gained an average 7.2% in the fourth quarter, following a drop of 10% in the third quarter. In fact, stocks have risen in the fourth quarter nearly four out of five times during that period.> I'll start buying a little bit now....Bought CBT. Seems to have found a bottom. Also started a position in INTC.