User 131753

Will the Market Keep Falling? I Hope So

1). "Stick to big names and blue chips stocks." Are those like C, BAC, BS, GM, PFE big names/blue chips stocks?
2). "....have built irreplaceable business modeals...." Were those like ARBA, CMGI, NT, YHOO conceived as such?
3). "Buy low and don't be afraid to buy lower." Is our author talking about average the loss? If so, its' a bad idea and practically, nobody can do it on 10 stocks since we all have limited capital.

I think our author has a bullished bias toward the market, but to preaching "buy low & buy lower" is worse than buy & hold. If a stock dropped from $300ps to $150ps to $75ps to $37.50 to 18.75ps, there's someboy who bought at $37.50ps then at $18.50ps, the average cost is $28 but the base is $18.50, how long the guy has to wait till the stock comes up 34% to $28? Isn't it that one could have made very good money in short along the way?

Leon

Leon