So, another pull back today? - Page 2 - TigerDroppings.com

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Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3518 posts

re: So, another pull back today?


quote:

Im not scared of lots of near retirees and others who are panicking and selling. Im gonna have the ability to add great companies at great prices today thanks to their fear.

quote:

Watched a lot of the financial shows over the weekend and tons were suggesting taking gains on Monday and waiting it out. We shall see if that actually happens or not. I wonder if people are really going to take that approach.


The problem with these arguments is that individual investors make up a tiny percentage of trading volume. You, nor I, know what the people who really move the market are thinking.







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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
16463 posts

re: So, another pull back today?


quote:

You, nor I, know what the people who really move the market are thinking.


This is very true. Day trading is NOT for the weak mined. I have lost big bucks at times that would make most people puke there guts up.

Using charts, volume and direction of the market does help somewhat, but it is also like putting everything on RED.






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CoolHand
USA Fan
Member since Dec 2011
1482 posts

re: So, another pull back today?


quote:

Time is your friend, timing is your enemy.






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