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Re: littlejohn post# 46704

Friday, 06/16/2006 12:47:04 AM

Friday, June 16, 2006 12:47:04 AM

Post# of 173737
I would guess people have more buying power now. Either cash and/or available margin funds for trading. In rough numbers, I think the NASDAQ is down about 10% from it's recent high of 2375. I forget what the term is (Intermediate correction?) when a 10%+ correction happens.

But I don't know what will happen next. I focus on high sales growth and profits with low valuations. I know that fund managers like Oberweis, Barry Bjurman, Gartmore, Barclays, Calpers, Dimension, American Century, Northpoint, and many others follow this strategy.

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