wait 4 what? the object of investing is to buy low and sell high and not to try and get the lowest price and sell at the highest price.......ain't gonna happen....perfect level to start averaging in - say 20-25% of your target goal if you have a high fear level right now........i am looking for a market MELT-UP this fall - sharp up move and not a meltdown.
Bool..., I like your idea of a "market melt up" this fall. We could all use it! I often try to think of what the heard is sure will happen, and then do the opposite. I was going long in early March 2009, even as scary as it was then. So I like your thinking, as everybody else is afraid of a double dip blah blah. So what is your reasons for thinking we will see a big rally this fall? thanks, grntip
for one you hit it........the masses are all negative and all you hear is how the world is ending.....yet you see many positives out there and the cash on the sidelines is massive........bonds/treasuries are vastly over bought and a lot of that money will flow right into stocks when the tipping point hits and the psychology turns to growth and rising rates outlook..........MELT-UP. It could start right now.....tomorrow......TODAY. I also bought big at the bottom in March 09. It is much better to buy when you are full of fear than full of pomposity at how smart you are.......let's see how it all turns out but this stock is a solid buy. I also remain very long gold as I have for 10 tens years now.