Skip to main content
No. of Recommendations: 2
I've been seeing lots of advice over the last 3 weeks, to take advantage and "BUY THE DIPS" and "THIS IS WHERE BIG GAINS ARE MADE".

I've been investing since 1996.

I've seen a lot (and done some, too) of dip buying... that turned into "catching falling knives".I KNOW the bloody pain.

As I peruse the charts of the growth companies on my watch lists, I see today, that they opened down, below yesterday's close, and while rising, many are still below yesterday's close.
People are "buying the dip", which is causing the "up" on the day.

IF tomorrow and next week is more "down" I expect crying and whining, due to the dip turning into falling knives.
So, be ready. 😉
It'll be short term painful.
A year from now, or perhaps several years, this too shall.have passed. Don't get too stressed.

😷
ralph
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.