dow may break through 7500 soon, page-6

One way from here is to start planning for the turn or run back up.

Although it could be a while...


step 1....get the list of stocks together u wish to buy

step 2.....Put in your buy price at lowering intervals.

For eg:

I have buy orders with BHP at $18, $21 and $24.


Now none may get hit ever, then again 2 outa 3 may get hit.

If not all 3 get hit then it means ive managed to grab the bottom within $3.

If none get hit well tough luck I wont buy.

If all get hit then maybe the bottoms lower than I thought and im in trouble.

Anyway now while the market is dropping ( a nice word for crashing) , its not a bad time to sum up the positions u wish to take when things move back north.


I have about 12 stocks and have placed buy orders 15,20 and 25% from the current prices on average.

That way if the market or stock plunges another 15/20/25% then im in at what should be a reasonable level.

Then again it may have 50% further to go down.

Anyway thats my strategy from here to find a buy in or near the bottom of some of the stocks I have a fancy toward.


Anyone else doing something similar?