Open is OPTIMISM run wild... these unemployment numbers a
year or so would have sent the markets down, but futures are up up
up and QID will go down down down!
You didn't ask me, but I can't help but stick my nose in this
matter. NEVER, NEVER BUY A CRASHING STOCK UNTIL IT TURNS
UP. When you buy before the turn, you are predicting the
future. The market can remain irrational longer than you can
remain solvent. Wait for the turn and then get in. If
you catch 80% of the move instead of 100%, you will be doing
fabulously, and you will avoid many devastating losses when your
guess will turn out to be wrong.
joe
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QID
Posted by mikeovanes on 6th of Aug 2009 at 08:28 am
Matt:
Can iI have your opinion on buying QID here at these prices?
Thanks...
wait!
Posted by macnsc on 6th of Aug 2009 at 08:59 am
Open is OPTIMISM run wild... these unemployment numbers a year or so would have sent the markets down, but futures are up up up and QID will go down down down!
Reply to QID
Posted by jungfan on 6th of Aug 2009 at 08:57 am
Mike,
You didn't ask me, but I can't help but stick my nose in this matter. NEVER, NEVER BUY A CRASHING STOCK UNTIL IT TURNS UP. When you buy before the turn, you are predicting the future. The market can remain irrational longer than you can remain solvent. Wait for the turn and then get in. If you catch 80% of the move instead of 100%, you will be doing fabulously, and you will avoid many devastating losses when your guess will turn out to be wrong.
joe