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Low lows are followed by high highs. Just gotta have the balls to ride it out.
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Quoted from ReplayRyan:I would be pretty shocked if tomorrow sees a high gain, if any gain at all. Too much downwards momentum right now. Plus it's a Friday.
If you mean long term, I suppose eventually...and if you've ridden the drop this long then you might as well see it through.
Absolutely. Fridays are down nine times out ouf ten so don't worry about tomorrow. Only a fool would sell now and lock in losses. Ride it out.
Just shut off the news and pretend none of this is happening. The rebound will be spectacular. The market always comes back. Might take a while but it will be worth the wait.
1 week later
Quoted from cait001:oil has dipped under $20 a barrel!
Great buy now. If you can hold until fall and they predict a cold winter you'll be rich!
Quoted from DBLM:Looks like we are going to open in the red. GOOD! I need this baby to come back down some. It has sucked to be on the sidelines but I am forcing myself to be patient.
No BAD. Hoping for further losses in a down economy is ludicrous. Dow is still down over 7K from it's high. There's plenty of upside left.
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