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Strategies & Market Trends : Dip Buyers Anonymous

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To: oldirtybastard who wrote (15)3/1/2001 2:44:33 AM
From: SirRealist  Read Replies (1) of 33
 
I've been buying on the dip for a year now. I dunno what my stocks are worth because I've never sold any.

"Buy & hold" the old-timey investors tell me.

The brokers say "Buy it." "Strong Buy it." "Near-term buy it." "Long term accumulate it." and on and on.

Nobody tells me to sell so I do as I'm told. In the past year, NASDAQ has dipped 364 days. Counting intraday dips of at least 20 points, it has dipped 1,793 times. I bought 'em all.

When I go the mall, it's the same: sheep dip, bean dip, spinach dip, guacamole dip. My brother mocks me, telling me these are worth more than my stocks now. What does he know? He's such a dip.

I don't call bottoms though. I'm more of a breast man. Have you tried them with bean dip?
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