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Stock Talk A gathering for those who gamble "a different way" during the daytime. Post tips and share discussion with others about ways to make money in the stock market.

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Old 03-13-2008, 01:43 PM
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Default Article: Should you be buying today

I thought this was a good article:

Roundtable: Should You Be Buying Stocks Today?
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Old 03-13-2008, 03:47 PM
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Fish2006 Fish2006 is offline
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Great article. Agree almost 100%.

I don't agree that financials - especially big diversified money centers - are bad at this point. Would I put 100% of my portfolio in C right now? Well, you shouldn't put 100% of your anything in anything unless it is the entire market. But the risk reward on a lot of the financials at this point is pretty good. Remember, you buy them on a valuation - PE basis. A lot of those stocks are trading below - in some cases - way below - book value.

When it looks the scariest is usually the best time to be buying. When it seems like a monkey could make money buying stocks, it is usually a good idea to sell your stocks to the monkey.
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