Buy high, Sell Higher

Too big to fail and has stopped going down...But has also started to go up...Is what we practice at Desert Springs. Trying to catch a bottom in a falling stock is a very dangerous business. Like Enron or Worldcom..When fraud is involved all bets are off..

But when investor sentiment is at its worst for a company and or a group..And the group stops going lower and starts to make longer term moves breaking a longer term down trend is when you want to buy.

Example buying opportunities would be the energy stocks three years ago. Today, it is hard to find a group that is painful to buy (needed) and would be a very painful sell (a problem too many right now!) many holdings...

Recent buys are all Asia ex Japan and domestic Pharma's.