With the market dipping like this, there have got to be some deals out there.
Those of you in the market will know better, so if you see a stock deal or three, post it here.
By "deal" I mean a stock that has corrected down below its true value, or to a point that buying in now you'd have a good shot at making money on it.
Stock values to pick up?
Moderator: Jesus H Christ
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Mister Bushice
- Drinking all the beer Luther left behind
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KC Scott
Will,
Here's the thing - When an entire Market goes down, it usually takes everything with it. The A/D (Advance/ Decline) is a closely watched indicator.
During Tuesday's drop 498 of 500 S&P500 companies fell.
What that tells me is your really pushing against the grain to Buy any stock, and any gains will be small.
What to do is look for certain sectors that may be breaking out - Money will rush to them, at least for a short term. Energy is one - but with Oil/OPEC stabilized short term, that sector is taking a drubbing.
If Inflation rears it's ugly little head, you'll see a rush into Gold, but right now that's falling as well.
There is already a flight into Bonds or cash - I'm not big on Bonds as I don't find many paying more than what cash is paying right now in the best Money Markets.
Here's the thing - When an entire Market goes down, it usually takes everything with it. The A/D (Advance/ Decline) is a closely watched indicator.
During Tuesday's drop 498 of 500 S&P500 companies fell.
What that tells me is your really pushing against the grain to Buy any stock, and any gains will be small.
What to do is look for certain sectors that may be breaking out - Money will rush to them, at least for a short term. Energy is one - but with Oil/OPEC stabilized short term, that sector is taking a drubbing.
If Inflation rears it's ugly little head, you'll see a rush into Gold, but right now that's falling as well.
There is already a flight into Bonds or cash - I'm not big on Bonds as I don't find many paying more than what cash is paying right now in the best Money Markets.