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3D Systems Corporation Message Board

  • chest002 chest002 Jun 21, 2013 5:13 PM Flag

    And who thumbs down me on June 20

    I am an old fart who has seen his share of market corrections. All indications of a market correction was pretty transparent. The next time you here analysts get giddy about 6 straight up days on the S&P or Dow, and they have their party hats on, that is the absolute best time to cash out. I have seen it many times. And when you think no one will ever get back in the market, that is the time to buy baby buy. That is old school, but it is simple as it gets. So please wait for the dust to settle before you buy any thing. Do yourself a favor.

    I got thumbs down for my prior comment, but simple math will tell you that we are in a correction. That will effect the stock price. If the market is going to correct at 15 percent, then figure the best price of DDD minus 15 percent. That doesn't cost anything. I did use 46 as my high price and I should have honed that figure a little higher. But I still think we could see this baby at 39 and change very soon. Simple common sense and a little history goes a long way. And it helps to read William O Neal's book about buying stocks. After reading that book you can set your watch buy it. The herd reacts just as he teaches. Live and Learn folks. Blind eyes will see.

52.83+1.39(+2.70%)11:27 AMEDT

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