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

To: Paul Senior who wrote (73842)	10/4/2023 2:16:13 PM
From: E_K_S	Read Replies (3) \| Respond to of 78663

Finally started a position in AGCO as it is getting close to it's SMA(200) weekly. Will Buy in size if/when it breaks below that price. Many adds of TITN too. Part of the AG basket. Working hard to deploy more cash as market sells off; (Many/All already discussed) Last two weeks BUYs include: TITN (5 Buys), LOCO, IP, HR (3 Buys), SRC, PYPL(2 Buys), LAND(3 Buys), LEVI, WPC (2 Buys), LEG, O, SYM (2 buys), KTB(2 Buys), TSN (2 Buys), KR (3 Buys), CAMP (3 Buys), INTC, CAG (3 Buys), SANW, KHC, FF (3 Buys), K,D, KLG, INMB(2 Buys), MMM, ORCL Sells; Closed out MDT, closed out CNHI, closed out BXC, closed out TRN Small Sells: DAN, NRG, QCOM, Trying to focus on GARP stocks as the sell off continues. It's hard to Buy and see the continued sell off, so I am scaling into position and add every 5% lower. Same strategy when I sell. I scale out of a position. Still have 28% cash to deploy. Might need to start increasing my size of order but scaling in has work well for me in the past as well as patients.

To: Paul Senior who wrote (73842)	10/4/2023 2:18:17 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78663

California minimum wage for fast food workers is now $20/hour. Yikes. And I started as a most junior industrial engineer at maybe a little over $3/hr. Yes, I know that was a long time ago. Still, $800/wk for unskilled (maybe tedious/monotonous) work seems pretty good to me now. Maybe I'll consider unretiring... I guess that of course fast fooder JACK would be hitting a new 12-mo low. It having most of its business in California. On the one hand, higher fast food prices caused by the new workers wages will drive down demand. Otoh, it affects all the fast food businesses. Maybe not equally if some are more adept at automation (MCD?) or develop really popular items (Popeye's fried chicken sandwich). I'll bet consumers will get used to the higher prices, and the fast food business will still be okay. I go for a few tracking shares of JACK finance.yahoo.com