I've never heard of buying companies at there peak, so you buy high sell low? Buffet or Sorros never told me that one!
I have allways looked for good companies, with good fundimentals, that have been beaten down by the overall market GE is a perfect one, lot's of upside, i think the stock is pretty near bottom now, look for it to move upwards, as a 5 year buy and hold, it will be a winner
Apple great company, but allmost fully valued, not alot of upside to that stock. Ipod sales are slowing, i phone sales are flat, lot's of new competition from RIM (blackberry) and HP. The stock market is a mess right now, i would not be putting too much money in there right now, but there are some great companies that are traiding at 10 year lows right now, that over time will go up. The time to buy a stock is when people are selling it, and the price is low, not when it's flying high at or near it's peak. The secret is you need to do your homework on what companies are down because they are poorly run companies, and the good ones like GE that are down because of overall market forces, ie a sell off. That's my lesson today, No charge this time!