Economy 300s wait until the market bottoms out before buying. Who actually thinks that the market has finished declining?
2007-08-16 16:05:59 · 12 answers · asked by Chi Guy 5 in Politics & Government ➔ Politics
Sweetpea (below) Stock picks please...
2007-08-16 16:11:50 · update #1
Daniel L (below) The market can bottom out at ANY number. It can bottom out after dropping ten points. It can also bottome out after dropping 3000 points. Bottoming out is a relative term.
2007-08-16 16:13:25 · update #2
dez604 (below) Agree that the market has its ripples. Due to the fed pumping $30 billion worthless dollars into it, it may bounce back up a little. In the end, a crash has to occur bar the invention of some future technology.
2007-08-16 16:21:04 · update #3
It's near bottoming, I believe. Either way there are some excellent buy opportunities out there for the informed buyer who is careful.
2007-08-16 16:11:22 · answer #1 · answered by Brian 7 · 1⤊ 0⤋
1
2016-12-23 21:11:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Buy low, sell high. If the market bottoms out then the economey falls into a recession. When a recession hits no one spends and saves their money. I doubt we're recession bound. But, it's actually better to buy before a bottom out because the stock will increase in value quicker. If you buy at a bottom out time you'll have to wait for the economey to get better before your stock value rises.
edit: I understand that. But, from some previous questions people are impying they think the stock market is going to crash or whatever. I thought you were implying that a person should wait until a crash or recession before buying. My mistake.
2007-08-16 16:11:42 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Maybe they do not know what they are talking about.
Actually if you know what you are doing, you can make money on a dropping market.
The market does not usually continually drop.
It drops; raises to a level lower than it started from; drops again lower than the first drop; raises to a level lower than the previous raise; and so on.
If one has done their homework, research on stocks that are moving and willing to constantly the stocks they are interested in; they have a chance of earning a fair profit even though the general trend of those stocks is down.
This is not something an inexperienced market watcher should engage.
Even experienced investors have been burned seriously playing the peaks of dropping stocks.
Good Luck
2007-08-16 16:20:37 · answer #4 · answered by Comp-Elect 7 · 0⤊ 0⤋
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2015-01-25 03:41:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
When the price of beer goes down, you don't buy less, you buy more. Same is true for the market. Good companies whose stock has gone down recently are a bargain today compared to a few weeks ago.
Each person must weigh their own risk vs. reward. If you are hesitant about this market (and I can certainly understand why) perhaps you should look for other ways to invest.
Just remember, the market goes up...the market goes down...the market goes up...the market, well, I guess you get it.
2007-08-16 16:19:46 · answer #6 · answered by wooper 5 · 0⤊ 0⤋
Dude as usual you make no sense yes the last 2 days the Dow has been down at one point down 315 but closed at 15 down a monster comeback and recovery. The market has it's up's and down's, and in the 90's it was up, not due to the republican congress or Slick Billy but due to the DOT .COM and internet stocks going through the roof, ask Bill Gates how that worked out for him.
2007-08-16 16:14:58 · answer #7 · answered by dez604 5 · 2⤊ 0⤋
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2016-02-15 14:39:28 · answer #8 · answered by ? 3 · 0⤊ 0⤋
I can't speak for the 101 students, but apparently they have the leg up on dropouts like you.
The Dow was up 233 points at the close today. Seems like a good trade to me.
What does that foot in your mouth taste like?
2007-08-18 09:59:51 · answer #9 · answered by Biggg 3 · 0⤊ 0⤋
Because not all stocks are continuing to drop.
2007-08-16 16:10:18 · answer #10 · answered by Anonymous · 1⤊ 0⤋