Some random thoughts

[mimo_100]

If the market indexes are headed lower, MrMarket stocks will, in general,
also head lower.

When stocks retreat, it is a good time to pick up a bargain

You must take risks if you want to be rewarded.

Buying stocks with strong fundamentals, i.e. earnings, etc.,etc., will
give you a high probability of success.

If you panic when your positions go down, you need to re-assess your
tolerance for risk.

[stenzrob]

Re: Some random thoughts

i.e. earnings, etc.,etc.

I thought it was "earnings, earnings, earnings", not "earnings, etc.,etc."

I agree with what you're saying, but would caution that there is a tightrope between facing the fear to get the bargain and trying to catch a falling knife.

[mrmarket]

Re: Some random thoughts

i.e. earnings, etc.,etc.

I thought it was "earnings, earnings, earnings", not "earnings, etc.,etc."

I agree with what you're saying, but would caution that there is a tightrope between facing the fear to get the bargain and trying to catch a falling knife.

Stenz...when you see the "falling knife", do you imply that the market "knows" something we do not know? In my opinion, if a company has a below average P/E and has demonstrated growing earnings and revenues and there are no fundamental changes in its economic swimming pool then I'd like to see a good explanation for the "falling knife".

[The Kid]

Huge One, I agree with you. That is why I like my method of picking up the stocks you buy, but at a lower price. As long as there is 'no fundamental change in its economic swimming pool' and they still have a low P/E and demonstarte growing earnings and revenues, I think some of the stocks may be a bargain. It has been working just fine so far. The two stocks I currently own that have been selected in this site are DHI and BEL, although I am looking at ASCA, GGI and WSB. I've already successfully bought and sold CCBI and SSNC (bought that one way back in November.)

[Michaelk005]

EVery stock follows the markets direction in some way, more then others, it doesnt matter what the p/e is. MAny examples in the past.