Its time to buy

[ghoul31]

the stock market is simple
Buy low and sell high
When there is a recession and all the stocks ar at 5 year lows, you buy
When they go up 100% , you sell, not so hard

not hard at all

 

[tanner12oz]

your right this is a dip however if it dips another 10% you just lost 10%...i would hold off for at least another 6 months....theres a better chance iof seeing 11,000 before you see 14,000

 

[EinsteinSys]

But you can still make a quick 10 -20% profit on dips as well. Of course it backfired on me the other day. I bought more RIMM which I thought was unfairly beaten down for 2 days. Wasn't expecting it to be beaten down, with the rest of the market, for a third day. Rebounded nicely today and I expect good things from this stock in the near future.

Got a nice return of about 23% on MCHX when that stock was beaten down a couple of months ago to $9.15.

The problem is when to sell. I was up over 25% on RIMM in just about 2 weeks but I got greedy. As they say:
Pigs get fed hogs get slaughtered.

Those risky 100% return, get rich quick stocks sound nice but you can do just as well with good stocks going up 10 - 25% in just a few weeks/months. Do that a few times and you have your 100% profit.

 

[ivyconniver]

not hard at all

Thank you for explaining the stock market to me. It was very insightful.

Here is one for you: Bet on the teams that score more points in each game, and you will make money. It is simple.

 

[Moneyneversleeps]

Winning the lottery is simple...just pick the right numbers