MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon Tara who wrote (33763)	11/19/1999 12:58:00 PM
From: Investor2	Read Replies (2) of 99985

Re: "Non-thinking? Yes. It's become a reflex action. One day it isn't going to work." I'm not so sure about that. I wouldn't be surprised to hear that the majority of the buy-the-dippers think more than the average stock owner. It's easy to buy stock when things are rosy and the overall market is going up or at new highs. Human nature gives us a feeling of comfort at times like that. It's usually very difficult, however, to buy when the market looks like its going to hell in a handbag, as it usually does during any significant dips. Many (if not most) of the non-thinking investors tend to panic out and sell at market bottoms. Many of those who sold at the top remain on the sidelines in the depths of the market dips, waiting for things to brighten up; waiting for the market to prove that the dip is over. It can be very difficult to commit ones money in the midst of the period of maximum fear. Most buy-the-dippers probably have to think long and hard about it before they buy, especially with the financial media and fear mongers shouting that the bear is finally here. Best wishes, I2

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next