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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: AugustWest who wrote (507)4/27/2001 11:03:32 AM
From: im a survivor  Read Replies (3) of 1063
 
Na...but at what point do you stop fighting the fed? I know the economy looks bleak and warnings and layoffs abound....but at what point does one say, ok, we are close enough to a bottom, I am ready to buy beaten down quality?

I mean, if some quality stocks are down 80%, isn't most of the downside over. Sure, may be some more, but how much more......anyway, I have given up on trying to time this market. Every time I go bearish, we rally, when I go bullish, we sell off. I'll just hold my quality stocks....be prepared to buy more quality on discount should it happen, and then just chill for a few years........

anyway....good weekend to all

Keith
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