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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (20187)	2/28/2000 7:03:00 AM
From: Don Pueblo	Read Replies (1) \| Respond to of 63513

Interesting story on CNBC just now about how some analysts think that the 'buy on the dip' strategy may not be working as well as it has been in the last three years. LOL! They are talking about TA and don't even know it. They could have easily used this story to actually do some simple explanation about TA and they didn't. I suppose if they got into the 'short on the rallies' aspect, they would get too much hate mail. It may not take much for the majority to figure out that buying on the dips only works well when: 1. you are investing for longer than three weeks 2. you are picking the bottoms accurately 3. you can live with a stock if it is less than you paid for it yesterday I wonder how much money will get shaken out of the market if there is are three dips, each lower than the one just prior. <G>