Thread: Market Trading - Considerations

Originally Posted by Birchtree

In a raging bull market all corrections are eventually righted - and prices come back as fast as they go down. If you make no changes you are righted as soon as the market rebounds. If you are fortunate enough to be able to dollar cost average the bottoms with fresh cash you end up with more shares at cheaper pricing that also help with the rebound. If you cut and run on a loss you will undoubtedly never get right without further sacrifice. Be right and sit tight. Fear needs to be faced - know your orientation to the market and apply the opportunity when it's provided. What 2/27 did, if anything, is that it totally cleansed the system of any weak hands - the great majority are still looking for a retest and probably a repeat of 2000-2002.

Picked up some 'S' and 'I' shares cheap yesterday because of my FERS allocations in those funds I was sitting in. As you know those 2 Funds took a rest and finished in the red the last 2 days.

Today?

Gravy

DCA is your friend.