But then again an oversold condition might stay oversold for a long time.
So nibble at a diversified selection. Stay clear of stocks which do not have dividends, primarily because if they had a dividend to begin with then they probably had enough short term cash to cover short term debt plus the dividend. Long Term Debt say not due for another 2-4 years won't impact the present. Short term Debt could hasten their demise.
Buy more if conditions improve, Buying up is much better than buying on the way down. When buying on the way down, you are never sure if you were the last of the buyers.
Ten Ways to Invest in Louisiana [View article]
So nibble at a diversified selection. Stay clear of stocks which do not have dividends, primarily because if they had a dividend to begin with then they probably had enough short term cash to cover short term debt plus the dividend. Long Term Debt say not due for another 2-4 years won't impact the present. Short term Debt could hasten their demise.
Buy more if conditions improve, Buying up is much better than buying on the way down. When buying on the way down, you are never sure if you were the last of the buyers.