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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75378  
Subject: Re: I am 42 yrs old.. Date: 1/18/2008 12:17 PM
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>> What's the old saying, buy low, sell high? Seems to me now is a good time to DCA into the market, not stay out. <<

DCA maybe, but not go all in. I'm not much of a market timer but I have to agree with Joel that this market is terrible and I've seen no indications that it's in the process of changing yet. As seen *yet again* today, virtually every single rally is met as an excuse for skittish longs to head for the exits. We have had a LOT of intraday three-digit up days wind up DOWN three digits in the final hour or even sooner. That is one of the primary indicators of a really, really bad market.

I personally think the uncertainty has caused the selloff to be overdone, BUT in the near term, this market is simply horrible. DCA is probably a good idea but I don't like the idea of plunging headlong into it.

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