There is only one explanation. The hedge funds bought which caused the final sickening plunge. Eventually they gave up and/or got margin calls. This cleared the deck. Its always like this. Markets doing what they are designed to do. Providing liquidity. We have to thank traders and big time investors for this. If it was not for stops, how would people have a chance to average down?
Chinese food. Yes. Indian food is good too. French. The Greeks invented the diner.
That's it. It would be nice if trading were possible. All the crazy fluctuations are the market taking out the stops. There is no glamour in holding but what can you do? Chk NTT DCM. Nothing ever happens. Still waiting.
You are supposed to buy low. And that happens when its a very bad situation. Many times the end is bankruptcy and a total loss. But not always.
16 years. Not 26. It takes a long time to stop making mistakes. Actually my biggest rule is - wait for it - do not sell until the situation turns around and the future finally looks more solid. This way you can sit year after year doing nothing. This asaumes you only buy junk of course. I have Argentinian issues from 2002 with additions 2009. My first post was 1999. Maybe yahoo cleaned up old msgs.