HI
CANCERCOP22 discovers this forum. GOODBROTHER is here so it must be good.I am not looking for GUPSHUP but serious discussions of stocks ... Fundamentally and Technically.
My view is generally long term of +3 years, as i feel that at the valuatios today the price completely captures the intrinsiv values of the stocks .Some are still horrendously overvalued as they are available at PE's exceeding 100!!
..........As long as we have a dozen stocks trading at +100 PE the stock market has not bottomed out.
......... I follow and PRACTICE the concepts as pronounced by Graham and buffet.That's why i still maintain that the market is still not in a reasonable state of mind.Their is hope that the correction is over for good.I want to see despair which will convince me that the bottom has been reached.
Price is simply intrinsic value *SENTIMENT.
I HOWEVER DO NOT MIND TAKING A JUDICIOUS CALL WITH A 3 MONTH VIEW AT TIMES....
say the sugar sector of late and maybe ranbaxy over the next 6 months to coincide with the 180 days exclusivity period.
OK for an INTRO???