"Everyone is selling? THEN BUY! Everyone is buying? THEN SELL!"
"Everyone is selling? THEN BUY! Everyone is buying? THEN SELL!"
**”Everyone is selling? THEN BUY! Everyone is buying? THEN SELL!”**
Last time I ...SOLD ... was about 2 months before Clinton Admin hit Microsoft for Monopoly.. which burst the dot com bubble.
I never look to the government for guidance ... if I do it’s to find what NOT TO DO!!
Just as an illustration, when the Dow dropped below 12,000, I added DIA (the ETF that tracks the Dow Industrial Average) to my monthly purchases. I’ve been buying every month while the Dow has been in the 11,000 range. Last week’s automatic purchase hit on Tuesday, after the market had closed down 500 points.
I’m now starting to look at banks and financial institutions so I can pick through the survivors.