Agree lookandsee. I will buy more and more if SP going down. I believe It will bounce back soon.
The absolute worst time to buy stocks, is when everything's perfect. Because when everything's perfect, and everyone feels great about the future, everyone has already bought stocks and stock prices are high.
The time to buy stocks, is when everyone else is fretting and worrying and things look dire. Because that's when stocks go on sale.
In case if the stock fall far from here, at least, doesn't delude yourself into thinking it can call the bottom. And if you have a long-term horizon, you don't need a heroic view of the future to conclude that stocks are attractive. I would buy more and more if sp go down. We will have happy ending soon.
p.s. I may not update when did I buy or sell in the future as some people may not want to see.
NEN Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
