>>T is about as low as it can go, or within 3 points. If T should take off, you've missed it in hopes of getting the last 3 points.<<
I'm not talking about 3 points. I agree that T apears near or past a bottom, but that's not my idea. You see, T has to actually rise a little more to get into that sweet #2 spot in the Dogs of the Dow. No, I'm not holding out for 3 points. I fully recognize I may even miss a 10-20 point rise. Who cares, when we're talking about a potential market outperformance for the next 5 years?
The bottom is easier to see when you're past it, that's all. When you decide to buy a stock with the right assumptions, and the right time frame, the price is quite irrelevant.
>>but I can't see T taking much more of a hit.<<
Famous last words! Even though, it doesn't matter. 10, 20, 30 percent up or down? Why not just buy now, right? Exactly. Why not just buy at the end of the summer? Exactly. Exactly. |
