"A few points to ponder
JP Getty & Rockefeller (amongst others) made their fortunes buying when the herds were panicking & selling !!
If you've bought a stock for the right reasons, done your homework,& still like the fundamentals- Why panic??-Why not buy more & take advantage of the sheep ??
Two old truisms- The night is darkest just before dawn.
You haven't lost if you haven't sold."
Another bull who is sure that buying the dips is a contrarian play, although market sentiment has definately turned more bearish in the last couple of weeks we are far from a panic imo. I expect we will have a decent rally within the next couple of weeks and we will again have to listen to some of the bulls belittling anyone who doesn't believe the BHP/CHINDIA/Supercycle theory.
reality, page-17
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$66.55 |
Change
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Mkt cap ! $12.88B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 376 | $66.54 |
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| Price($) | Vol. | No. |
|---|---|---|
| $66.57 | 153 | 7 |
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