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

To: Paul Senior who wrote (2821)	12/20/1997 2:00:00 AM
From: jeffbas	Respond to of 78753

In a traditional bear market the best stocks to buy for a bear market rally were the smashed speculative leaders with large short positions and good fundamentals - witness JBIL, up 50% from the low to high of this week! In a bull market suffering a severe intermediate correction the best stocks to buy are probably the secondary stocks which got whacked much worse in the correction, because they will eventually have the better percentage recovery. However, in a real bear market secondary stocks will have little recovery before the next downleg. These secondary stocks are generally what we talk about on this thread. Should we take a sabbatical, Michael?