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PSAR canidates

February 20 2006 at 10:14 AM
Gary 

 
Larry,
Perhaps you might post the PSAR canidates that you would be buying if you had room for them. Some of the people that are getting in late could possibly invest in them instead of waiting for the present batch to pullback. Each investor could choose the 10 stocks that they like out of a larger pool.

Just an idea.
Gary

 
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Re: PSAR canidates

February 20 2006, 11:36 AM 

Gary,

In the SMR that just came out today, I listed one that I would buy right now and two that I would buy on a PSAR signal.

As far as the present list is concerned, a lot of them have pulled back. Those that I listed that are consolidating at their 50-day moving averages should be good buys.

If investors wants to choose 10 stocks they like out of a larger pool, they can just go to the Magic Formula web site and choose some. They don't need me.

If people are in for the long haul -- and if they're not in for the long haul, they should not invest -- they're not concerned about pullbacks and precise timing because they know that it doesn't matter what the present list of stocks and ETF's do. It works over time and that's all that's important.

In other words, what difference does it make if someone buys GG (just to use an example) this time around at 25 or 22? I don't know how far the stock is going to go before the blue dots catch up with the price. And if this is something someone is doing over a period of years, whether GG makes a profit for someone getting in now is irrelevant. There will always be other stocks and other chances to buy GG.

I hope that helps someone.

Larry

 
 
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