which will bounce back first?
Join Date: May 2005
Posts: 999
Auto industry?
Gaming?
Financials?
Other?
Any theories on which sector will bounce back first? Which is the most undervalued?
Join Date: Jun 2008
Posts: 3,131
Other. Schools, Biotech and Medical Equipment and Supplies seem to be bouncing back already. They are definitely beating the auto industry, gaming and the financials to the punch.
Join Date: Jan 2009
Posts: 47
Join Date: Aug 2002
Posts: 17,946
picking sectors is mostly luck. the market tends to follow its self up as well as down.
generally the most undervalued should be the ones that went down the most. unless you know of a reson that they are different than the others in their losses.
Join Date: Jul 2008
Posts: 213
Tranports should bounce back first. This has been the usual cycle for recovery from a prolonged bear market, but who knows how this one is going to play out. I certainly am not betting on history here. Safest bet is to wait for sure signs of a recovery and pile in to your favorite sectors after the recover has already begun.
I can't say I'm following this advice, but I wouldn't advise anything else for fear of being wrong. I don't mind gambling with my money. I'm still long on a few stocks that I think have serious potential even in this market.
