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Old 08-03-2007, 02:48 AM
kimchi kimchi is offline
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Join Date: May 2006
Location: FU minbet
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Default Re: Walk Away From Your House by Jim Cramer

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Do you not listen to him, or do you listen and do opposite? [img]/images/graemlins/grin.gif[/img]

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I totally ignore him.

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I totally ignore him too, but wading into a sector in a clear downtrend isn't prudent IMO.

Why would you be buying into a falling market? If valuations look good by your analysis then wouldn't it be more sensible to wait for some confirmation from price action that an upward move is more likely?

Bottom fishing can prove profitable if you make the right calls at the right time, but I doubt it provides a good risk:reward
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