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reddingrunner (95.39)

"buy on dips"

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January 10, 2012 – Comments (3)

this advice always cracks me up.

you can't know if it's a dip or a disaster until after you bought it.  

if it goes back up it was a dip.  if.

and if you find a stock you like, it may never again be as cheap as it is today.

in fact, if you are right about it, you really don't expect it to be.

u snooze, u lose. 

two exceptions: 

1) if the whole market is off 30+% from its highs, then that's a dip I'd be interested in buying into.

2) chipmakers- everyone knows that there's no point in buying chips without a dip. 

 

3 Comments – Post Your Own

#1) On January 10, 2012 at 7:13 PM, soycapital (< 20) wrote:

Hope you bought the "dip" before the "surge".

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#2) On January 10, 2012 at 7:32 PM, BrassHammer (< 20) wrote:

Receintly I thought I had bought Arcos Dorado (ARCO) in a dip, but it was only a pause before the deep plunge!!

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#3) On January 11, 2012 at 1:03 AM, awallejr (79.53) wrote:

Well if whole market is off by 30+% that is a bear market heheh.

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