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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Ipsofacto who wrote (3470)5/6/2010 1:51:05 PM
From: Real Man  Read Replies (1) | Respond to of 220666
 
Yes, bounce any time. October 08 was the same way, very scary.



To: Dr. Ipsofacto who wrote (3470)5/6/2010 1:57:15 PM
From: GROUND ZERO™  Respond to of 220666
 
That last time this market was this oversold was on 10/30/09 at 1033 and the market rallied 55 points the following two weeks...

GZ



To: Dr. Ipsofacto who wrote (3470)5/6/2010 4:22:36 PM
From: bruwin  Respond to of 220666
 
Keep that Buffett maxim in mind at times like this ...

"Be greedy when others are fearful".

And keep your eye on companies with Durable Competitive Advantage. Their prices only usually decline when the general markets are depressed.

Remember what the major indexes looked like in the first week of May 2009 ?


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