Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (44696)	11/24/2021 2:07:12 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 96761

Keep looking at the 5 year chart, and whenever you see it at the lowest point, that is where you buy it. This is a play on time, not price. And if you missed that point and it is close enough, then it still counts.

To: Jacob Snyder who wrote (44696)	11/24/2021 2:14:38 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 96761

To elaborate - when I see some commodity at a 10 year low, my base instinct is to buy it. Then I assess the conditions, and unless somehow nobody is going to need it anymore, then I will buy. It doesn't matter how bad the economic conditions may look for that commodity or what else is going on. At 10 year lows, it is worth averaging down. This same logic is what I will use with BABA once I see it at 5 year lows. Unless somehow they are going be bankrupt or there are bullets fired between China and the US, or something like that, it doesn't matter if we are hitting a recession or not. I will average down on BABA. Ditto for AMZN and many others, though that seems far fetched right now. BABA on the other hand is within striking distance of this and likely will hit it by the Chinese new year.