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  #11  
Old 07-29-2007, 11:17 PM
dazraf69 dazraf69 is offline
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Join Date: Dec 2005
Location: Bay Area
Posts: 1,177
Default Re: who thinks we are headed for a bear market??

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[ QUOTE ]
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or is this just a correction

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I neither know nor care.

If markets fall I sell. If they rise I buy.

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Sell low, buy high?

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No, buy high sell low
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  #12  
Old 07-30-2007, 12:27 AM
r3vbr r3vbr is offline
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Join Date: Sep 2004
Location: Porto Alegre - Brasil
Posts: 1,288
Default Re: who thinks we are headed for a bear market??

im 90% sure the market will be higher than now 5 years from now
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  #13  
Old 07-30-2007, 12:48 AM
technologic technologic is offline
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Join Date: Nov 2003
Location: watching mussina sort of pwn
Posts: 3,055
Default Re: who thinks we are headed for a bear market??

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  #14  
Old 07-30-2007, 01:20 AM
kimchi kimchi is offline
Senior Member
 
Join Date: May 2006
Location: FU minbet
Posts: 1,246
Default Re: who thinks we are headed for a bear market??

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
or is this just a correction

[/ QUOTE ]

I neither know nor care.

If markets fall I sell. If they rise I buy.

[/ QUOTE ]

Sell low, buy high?

[/ QUOTE ]

No, buy high sell low

[/ QUOTE ]

Buy high, sell higher. Short low, cover lower. This works for longer term investing.

Buying low and selling high turns into picking tops/bottoms (and averaging down) for most investors which is notoriously difficult to do.

Buying value during an uptrend (buying short-term weakness in a long-term bullish market (and vica-versa)) is a better strategy if you want to buy low/sell high.

As always, it depends upon your methods, time frame, and objectives.

Then again, maybe hawk59 will flame regardless.
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  #15  
Old 07-30-2007, 11:01 AM
KDuff KDuff is offline
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Join Date: Oct 2004
Location: Cambridge
Posts: 172
Default Re: who thinks we are headed for a bear market??

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I think we just started the bear market. There was a complete break down. Thankfully i was short dow futures and made a killing!!!!!!

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Keep in mind that the Dow is down less than 1% this month.
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  #16  
Old 07-30-2007, 04:36 PM
The once and future king The once and future king is offline
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Join Date: Aug 2004
Location: Iowa, on the farm.
Posts: 3,965
Default Re: who thinks we are headed for a bear market??

[ QUOTE ]
[ QUOTE ]
or is this just a correction

[/ QUOTE ]

I neither know nor care.

If markets fall I sell. If they rise I buy.

[/ QUOTE ]

What if they just rise by 1%?
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  #17  
Old 07-30-2007, 09:48 PM
kimchi kimchi is offline
Senior Member
 
Join Date: May 2006
Location: FU minbet
Posts: 1,246
Default Re: who thinks we are headed for a bear market??

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
or is this just a correction

[/ QUOTE ]

I neither know nor care.

If markets fall I sell. If they rise I buy.

[/ QUOTE ]

What if they just rise by 1%?

[/ QUOTE ]

The I would only make 1% and move onto another market. Is this a trick question?
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