No way mate, "buy when there's fear and sell when there's greed" is a tried and tested strategy that works on average over the long run. Buying when prices are going up is a good way to become the person who takes my bags when I'm done with them. I guess if you're a short term trader it's different, but then again short term trading has also been proven to lose on average over the long run
Do you go shopping for clothes hoping that the prices have gone up on your favourite brands? I highly doubt it, I'm guessing like most people you hope to find your favourite brands selling at a discount. Why would you approach the stock market any differently???
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