[arete]

Better to buy what is undervalued and wait for it to become fuly valued.

Well, you keep buying those undervalued stocks. Me, I'm going to sit on the sidelines and watch the action.

Richard W.

[steveegg]

Well, you keep buying those undervalued stocks. Me, I'm going to sit on the sidelines and watch the action.

Given that there's not a lot of undervalued stocks out there, the sidelines sounds like a safe place.

[Nuke'm Glowing]

I'm with you on the sidelines for now. Two sayings come to mind:

1. Never try to catch a falling knife.

2. The investor who is in cash at the start of the bear market still has cash at the end of a bear market.