Even David Dreman can be affected by Mr. Market

This is a response to a post on Gurufocus.com on comments made by David Dreman and other posters that claim to be value investors:

Giving in to Mr. Market's price, entry points or bounce; prediciting market direction or "bottoms;" and taking a contrarian position, are all speculative.

Graham-Dodd-Buffett value investors buy when the stock is undervalued and sell when it becomes fully or overvalued. Actions based on any other criteria are just irrational.

I pity the poor people who get their advice or take action because of information they heard on CNBC.