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Reply #51: I see no great opportunities [View All]

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aspergris Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 12:40 PM
Response to Reply #42
51. I see no great opportunities
Now. We've had a huge relief rally, so my bias is down from here, at least short term. Swing (6 months) I have no idea.

Personally, I've picked up a little boeing on the beatdown. My biggest holding has been Johnson and Johnson which is (at least thus far) bear market immune. regardless of the economy, people need soap, baby wipes, etc.

I'm not sure how much you have, but what I recommend for investors, in times like this, is to dollar cost average in over a period of 6 months to a year. Iow, buy small amounts each period (month) and don't try to time the market. If and when we get a huge selloff, I will be here pimpin' the opp's. But right now, nothing looks compelling, except Boeing to me - longer term

Johson and johnson is UP 10% so far this year, so I wouldn;t be a buyer at these levels. I'm just trailin stops.

Healthcare basics, like johnson and johnson , becton dickinson, and labcorp are all interesting longer term plays.

Note: these are not stock recommendations, and are for information only...

Do your own due diligence.

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