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

To: Paul Senior who wrote (4967)	9/6/1998 2:03:00 AM
From: peter michaelson	Respond to of 78497

Paul: You want green lights? Green lights? This is the value investing thread, not car driving. thanks for the laugh... Why am I here? For lots of good ideas from the smart people who post here. Very cheap can become ridiculously cheap. I'm just doing my daily re-iteration that the market could continue on down - regardless of appropriate valuation. I notice that even Penobscot Shoe is down almost to where Jim bought, if I'm remembering the facts correctly. The only thing to stop it descending further is buyers. Where are those buyers? They're the ones with the red-tinted glasses who can't seem to see that green light. A world full of Helen Kellers and Stevie Wonders.<g> I simply feel it is wise to wait before plunging in to buy. Peter