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Old 10-25-2009, 08:36 PM   #1
dogcom
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Default Great Bull or Bulls--t

Since the March lows do you think we have entered the next bull market. I think other then gold we are just sucking up money from the sidelines and such to send the market higher. I don't think earnings are good enough to keep a good bull market going.

We will see new lows in the future lower then they were in March which will give us another great buying opportunity.
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Old 10-25-2009, 09:00 PM   #2
resource investor
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I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation.

That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.
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Old 10-26-2009, 02:28 AM   #3
msimms
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Quote:
Originally Posted by resource investor View Post
I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation.

That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.
I think any growth stock selling cheap has a lot of value in it. And there are still cheap growth stocks out there.
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Old 10-26-2009, 07:11 AM   #4
dogcom
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I am not really a value investor either but I think in a market like this you have to be careful and get a good price when you buy. If we were in a long bull market like 1982-2000 then you can just buy and hold and not worry so much about over-valuation. I believe however that we are in a market more like the 1970's where you would get big market declines and great market rallies that rewarded those who waited and paid a low price.

If I were to buy something right now I would consider buying FTS-T or maybe SC-T after I had looked into it some more.
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Old 10-26-2009, 08:48 AM   #5
Oldroe
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I laugh ever time I heard that 0% in the last 3 years. It's just talking head crap on TV to get people scared.
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Old 10-26-2009, 11:42 PM   #6
mogul777
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Quote:
Originally Posted by resource investor View Post
I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation.

That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.
BTW, this *** speak would, in a best case scenario, allow for a zero percent return. I wonder if Buffett has any job openings... you should check into that.
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Old 10-27-2009, 08:01 AM   #7
Oldroe
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When you start out dollar cost avg. is great. Doesn't really matter were the markets are you will avg. yourself into to a nice position.

If I continued to buy threw this peak my Div. yield would go down and my avg. cost would go up.

So patience is key.
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Old 10-25-2009, 09:58 PM   #8
Rickson9
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"Market commentators and investment managers who glibly refer to growth and value styles as contrasting approaches to investment are displaying their ignorance, not their sophistication."
- Warren Buffett, 2000 Letter to Shareholders
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Old 10-25-2009, 10:26 PM   #9
resource investor
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In Your Face Rickson...

"We think diversification, as practiced generally, makes very little sense for anyone who knows what they're doing. Diversification serves as protection against ignorance.” - Warren Buffett

Uh, Warren Buffett is so 1980's.
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Old 10-25-2009, 10:36 PM   #10
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Buffett's Berkshire Hathaway in the last 3 years has returned 0%. Enough said.
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