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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Investor2 who wrote (33755)11/19/1999 11:41:00 AM
From: Jon Tara  Read Replies (1) of 99985
 
On "buy the dip" = sheep...

Investor2 wrote:

"I find your comparison of those who have been buying the dip to sheep interesting. Are you implying that the buy-the-dippers are stupid or non-thinking?"

Not stupid. It's been working, so they can't be stupid.

Non-thinking? Yes. It's become a reflex action. One day it isn't going to work.

The followup action to it not working, I guess, will determine whether they are stupid. :)
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