Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bob Rudd who wrote (6969)	4/26/1999 9:33:00 PM
From: Michael Burry	Read Replies (1) \| Respond to of 78652

Seems to me that money is leaving the value sector once again. The last few days, if it weren't for my Apple, American Power, and CompUSA positions, I'd be losing money in a time when the market is roaring higher, and the Nasdaq is up 13% in five days. REITs are falling once again. The oils and minerals are also falling. I recently rotated out of the heavy cyclical concentration I had and into some undervalued techs, evidently just in time. I may be rotating back pretty quick given the lopsided falls in certain stocks relative to the rally in the growth/techs. There's still some downside there (after all, LHO isn't at 8 1/2 again yet), and I'm willing to be patient and wait for the second bottom. Just isn't looking like I'll have to wait that long. IMO though that rather severe bounce up we had in the value sector shows us a bit where the bottom might be if the stocks get there again. Mike