Buy low and sell high? That sounds so crazy it just might work!
You are correct though. All too many individual investors do the exact opposite.
PAY ATTENTION, FOLKS...
The DOW was way Down late yesterday afternoon, and somebody (Geitner?) stepped in and bought a CRAPLOAD of securities in the last hour or so to push it to a slight gain for the day.
After the bloodbaths on the Asian And Euro markets overnight, there was just too much Down pressure for any kind of rescue today.