While many investors may have been stunned by last week's major sell offs, the start of this week shows that where some sold off and ran away from the market, others saw the opportunity to get a good deal on stocks forced lower than they otherwise might have been. As a result the market rebounded, the DJIA moving from the low 8,000s to the low 9,000s, a roughly 8.5% move upward today.
This won't be the last correction, the markets are vulnerable and in turmoil. However most investors should remember that is exactly in this sort of turmoil in which opportunity lies. Stocks that have been knocked down below their natural values can be snapped up.
What's your favorite company with good valuations that has been hit by this sell off? Sound off in the comments...
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Reader Comments (Page 1 of 1)
10-13-2008 @ 6:07PM
ed1305 said...
Am I the only one that has trouble getting my comments posted? Current user or new user, it claims email is sent to confirm, but no email. It happens a lot lately, and my comments aren't angry or mean. If this should go through, can anybody tell me what I'm doing wrong or how the heck I know what my url is for a live link??
10-13-2008 @ 9:38PM
amey said...
I'd vote for GE