Quote:
Originally Posted by WSSix
I was bummed that I missed the early morning dip on wednesday. However, some of my choices went down again so I'm looking to make some moves again very soon. I like buying dips.
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My guess is -- there'll be lots of opportunities presenting themselves in the future. I'm keeping some powder dry for after January 20th.... when simply saying the wrong thing can move the markets.
When you have a big change like we've just voted in -- there's just no way to game which stocks are going to move in which direction. About the time you think you know - they'll work against you. This is when getting paid a dividend really, really helps.
There's SO MANY large items on the table --- repatriation of overseas capital.... import export bank - trade agreements - infrastructure rebuilding - tax breaks and on and on.
So my advice --- don't get greedy buying the dips -- make sure you know what you're buying -- buy smart but don't gamble. Keep some powder dry - but long term - don't be afraid.