karchad

Money Flows Into the Market: What They're Telling Us

My optimistic take is that when selling dries up, we're at a bottom, even above it. It will take awhile for buying to pick up, yes, but to me, downside risk is limited, the greater risk is in missing that sudden move up. I'm in at this point. If the awful daily news hasn't created more selling, then there's no more selling to be had. I can wait, like in 2002, i went in big in August, the low was hit in october, but i had to wait till the next year for the gains. That's okay. I can look beyond CNN's daily disaster stories for my investment strategy. I like this article.