Value buying vs Greater fool buying

20110201 A couple stocks we alluded to here, OSK and TA. At that time the buying was of a Greater fool variety, where the public just plunge into the 'momentum' and buy with 'volume' then hoping a greater fool will come and take the stock off their hands at higher prices. Value buying is like yesterday, the astute will buy 'value' near the longer term moving averages. They then can try to sell on revisiting of the highs of the channel. This is what Dr Alexander Elder espouses, value rather than greater fool. So does one want to be the greater fool now? If so, then one will end up like the crabs at the market, claws and legs all tied up and powerless .....