Bullfighter

Last Thursday Was the Bottom - It's Time to Get Back in

Just a corrective move up after a public liquidation. Nothing more. 20 % up in 5 days.

Not much more upside left. Stock pimpers bid it up to get out.


On Nov 28 08:41 AM Jim Hawthorne wrote:

> ^^Shakeout??? You call this past year a shakeout???^^
>
> Something here has hit bottom, that's a fact, but it may not be the
> market!
>
> If you've been long the stocks you're recommending (BAC, C, HERO
> and DRYS) for more than a week or so, then your post is most disingenuous.
> Either way, your investment strategy appears to revolve around HOPE
> and little else.
>
> Market bottoms are processes more than they are singular events.
> This is a time for nibbles rather than big bites, and nimble, disciplined
> trading with a very watchful eye on risk management and capital preservation!
>
>
> Jeremy Siegel's BUY & HOLD strategy and the research that supports
> it belong to the last bull market that came to an end with the 1998-2000
> topping processes. You'll have a very tough time convincing many
> folks here that BUY & HOLD in a post 1999 investing world is
> much of an investing strategy. Even your friend Jeremy has begun
> to backtrack!