Quote:
Originally Posted by ErikLS2
I think you're mainly talking to me Greg and you should be, I agree with you. I shared what I did because I'm fascinated with the psychology of the market short term and get a kick out of seeing these changes, which often scare beginners out of the market at the exact wrong time. I never use them on their own to put money to work really. The last time I bought anything was last Oct. when this sort of drop happened, although not as bad. It's not even a year later and nothing I bought then, SNA, UA and LUV went below what I paid for it over these past few days (well except maybe for a few minutes Monday morning). In fact, collectively on those 3 names I'm STILL up 20% as of market close today. Makes quite an argument for buying on the dips. I ended up being a day or two late then and I may be a day late this time but I'm going shopping tonight!!
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+1 on that... added to positions today... and will likely add to more every day this week....