people who sold at the bottom last year must be pissed.

Quote from Debaser82:

+50% of the DOW is already owned by <5% of US population.

How much more do these fuckers need...
More...

I would say this govt currently owns 60% of the market which is frightening.
 
Quote from spindr0:

Emotionally, it's a very hard thing to do but one should buy the market when one feels absotetely the worst about it.
More...

that's simplistic

sometimes when things look bad, they're going to get even worse

the downleg from jan 2001-march-2001 comes to mind
 
Quote from spindr0:

Emotionally, it's a very hard thing to do but one should buy the market when one feels absotetely the worst about it.

--------------------------------

There's an adage that basically says if the market doesn't fall on bad news it's worth a second look. This happened continually last year. Bad news = market up, there were numerous threads on this. This is not certainty but could be a reason to buy without emotion.

You need to have your own indicators to make you feel comfortable to buy when the market tanks.

I'm sure it makes a world of difference in how you are positioned going into a decline and how soon you get back in. If you sold at the bottom, one is not to keen on re entering anytime soon.
 
You must log in or register to reply here.
Back
Top