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November 17, 2009 – Comments (3)

It's great for providing arguments that I can take the other side on. In an article the other day, they basically said that the rally is sustainable because so many individual investors are now slowly creeping back into the market.

Ok, fine, I can see where they're coming from. But how about we look at this from the view of the individual investor? So, um, the market's been going way up, and it could go up more because people like you are starting to buy back in now. So buy back in now, so that you can benefit from those that are a little slower on the trigger and buy in after you. Ouch.

Fundamentals be damned! We should all buy when we can hope that others will buy after us and push up prices.

As I argued on Fool.com today, I don't think this is the best plan for getting the most out of the market.

 

Matt

3 Comments – Post Your Own

#1) On November 17, 2009 at 5:47 PM, brickcityman (< 20) wrote:

Furthermore I've wonder (aloud at times) whether demographic shifts will mean that there is less money apt to come back since it is going to be needed for retirement purposes in the near future.

 

I think about my wife's parents especially when considering this... they are both fairly recently retired.  I imagine recent memory will keep them from taking on too much risk in the near term, if ever again...

 

For that matter, what money is currently in the market seems to me to have a hair trigger set on it.

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#2) On November 17, 2009 at 6:25 PM, TMFKopp (98.93) wrote:

@brickcityman

Interesting points -- thanks for weighing in!

Matt

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#3) On November 18, 2009 at 12:52 AM, chk999 (99.98) wrote:

CNBC is great to watch when I'm on the treadmill at the gym because it make the same amount of sense whether the sound is on  or not.

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