SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bilow who wrote (9709)11/14/1997 9:35:00 PM
From: Investor2  Read Replies (3) of 94695
 
RE: "As markets turn down, more of the bulls become bears."

That is a profound statement. As the market gets cheaper (i.e., better buy), many former bulls will not percieve that the lower stock prises represent better buys. Rather, many of them will decide that the stock is not worth as much as is was at the time they bought it. They will then sell near the correction bottom, perpetuating the inexperienced investors usual cycle of buy high sell low.

My question to you is this: As the markets go down, will the bears become more bullish? Or will they simply be stuck in the negative stance as buying opportunities pass them by?

Best wishes,

I2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext