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Politics : Welcome to Slider's Dugout
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To: ahhaha who wrote (7015)11/11/2007 11:31:02 AM
From: chainik  Read Replies (1) of 50312
 
<It's never too early to buy a good company>

It is too early to buy anything if lower prices are ahead.

<That's what happened in August too>

No. At the bottom in August there were a lot of shorting by retail. Not now. The overall sentiment was dramatically different.

<Apparently, you aren't>

I was buying dips on SMH and in banking, but I don't like sentiment numbers that I see. Even if we are headed for a bottom similar to the one in February or in August, there might be a long way to go.
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