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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (32607)10/27/2008 6:42:21 PM
From: SI Bob  Read Replies (1) of 78628
 
I'm with you on that. Though I'd feel better about the future if I see a massive, bloody capitulation (though it'd take my paper value down), I'm also not trying to catch the exact bottom. I'm simply buying before everyone else starts to.

We may be near the bottom. But there's nothing like a good old-fashioned crash to convince everyone and their yellow dog (as long as they have case) that it's time to buy.

I advertently made most of my orders day orders the other day but have since re-entered them as GTC's. And the fills right now are few and far between.

So I guess there's a selfish reason for wanting massive capitulation, too. So I can get some friggin' fills!
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