> Only consider buying stocks when nobody but nobody thinks it's a good idea. When "buy the dip" has utterly left the popular vocabulary. When dividends + valuations are at bargain-basement levels.
I would say the above is definitely true for certain sectors of the market now. Energy (oil & gas) comes to mind. Perhaps banks and emerging markets too.
The broad market, on the other hand, isn't even down 20% yet.
Re:Trading halted as U.S. stocks plummet
by RhodesianHunter on Monday March 09, 2020 @10:36PM
(#22532259)
I'm not sure why anyone would buy oil and gas given the way the world is changing but that's just me.
There you go...
Re:Trading halted as U.S. stocks plummet
by senordevnyc on Monday March 09, 2020 @02:57PM
(#22528496)
Expect a massive rally when the Fed announces QE4.
Let's hope, good chance to scoop up some cheap(er) put options.
Expect a massive rally when the Fed announces QE4. Buy the rally at your own risk.
The largest DJIA rally in history (15.34%) occurred in the middle of the Great Depression in 1933. Second place was yet another Depression-era rally of double digits.
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_...
Bear markets suck people in and spit them out. Every rally seems like the end of the misery, but it's just more of the same.
Only consider buying stocks when nobody but nobody thinks it's a good idea. When "buy the dip" has utterly left the popular vocabulary. When dividends + valuations are at bargain-basement levels.