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Strategies & Market Trends : Rande Is . . . HOME

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To: Rock_nj who wrote (48736)3/9/2001 3:47:56 PM
From: American Spirit  Read Replies (2) of 57584
 
Just my point. Last rally day everyone was realizing they should have bought the last time there was a sell-off and vice versa. True it's hard to get bottoms and tops but unless you think we're going lower from here with 90% of techs having already warned and a rate cut coming up you're best off buying into the negativity and of course selling those big rally days. The reason it's so hard is these drops bring gloom and pessimism and rallies bring hope and greed. So just be contrarian. Right? Now for an example, EMC just dropped nine points since rally day. Buy here or wait until the next rally?
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