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(Marketwatch)   Market correction is a buying opportunity   (marketwatch.com) divider line 5
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590 clicks; posted to Business » on 28 Jun 2012 at 9:11 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-28 09:28:50 AM
Invest in knives.
 
2012-06-28 09:36:07 AM
It all depends on your timeline! If you're not planning on retiring for 30 years, keep buying! If you're retiring in a year, you shouldn't have been that heavily into the market anyway.
 
2012-06-28 01:15:44 PM
Buy low, sell high.

Lots of good, solid stocks take a fall with everyone else, but they always bounce back.
 
2012-06-28 02:10:12 PM
So, the Fark article about "sell everything" is actually a snide quote about dumb clients from a money manager. The "buying opportunity" article is, at least, about an interpretation of technical indicators, with mention of a "blizzard of bad news". My own very fuzzy evaluation is that the long-term (several months) pattern in the major indices indicates a long-term top, but not all stocks will observe it. Also, the 13,000 level of the DJIA is a psychological big deal of some kind, and a "blizzard" passes on. So, "hold". Thanks Fark, that's what I was going to do anyhow.
 
2012-06-28 06:23:39 PM
 
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