Opportunity for Selective Buying in Around HERE.

I think, the time to use the selective buying window is now/around here. Of course I expect the 3rd bottom leg sometime this summer, some of the LongTerm Buying opportunities can be started for gradual accumulation in time-windows like this week offered.

I don’t expect major uptick or bull cycle anytime soon. But a decent reversal from depressed levels. Since this is a deep recession, I think this time it’s not going to be an easy or painless recovery. It’s going to take it own time. Also, I think before any up-cycle begins, real big-money will wait till valuations stabilize and become attractive again. It’s different from 80s and 90s and 2000s market. No wonder, Warren Buffett is also committing mistakes, . For he also has not seen business/deleveraging cycles like these.

However, various selective stocks which would be ‘on sale’ now and further again later this summer, they may not be available for same valuations next year, after the dust of fear/uncertainity storm settles. But time to consider and start selectively and gradually accumulating is here.

Also, for picking I’d go by valuations of Cos. (INTC, GLW, LLY, TOL, MDC) and not by name of Cos. (GE, etc.). Some credence can be given to the sector, as new growth sectors are expected to emerge in coming times.

Enjoy the Investing Game.