Buying damaged stocks, not damaged companies
June 14, 2006 – 2:27 amIf you're new here, I suggest you subscribe to my RSS feed. or bookmark this blog. You'll be able to easily keep up to date with new posts. Thanks for visiting!
Every sector of the market seems to be taking a hit lately. Most people are supposedly fearing inflation which is suppose to explain why they’re dumping everything. However, things that are suppose to be inflation hedges, like oil and gold stocks are getting dumped also (and their prices show it). I believe the overall panic is creating irrational behavior and now is the perfect time to pick up some oil and gold stocks since they’re technically “on sale” if you are in the market for them.
I, however, don’t have any money. 