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

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?