He sold low, bought high. What a bloodbath! To this day, I advise clients to avoid market orders at the opening of the market.
Not always a good move and you know it babe. I'm suprised at this advise.
Let me explain, I always anticipate reports or news coming out from the stock. Bad or good. Has worked for me.
Wait for some good news once the rumble starts. One week, one month, heck I don't know. But when the up-turn starts, jump in the water. It is a pattern that has been repeated hundreds of times after a war.
I converted to cash months ago and am waiting and anticipating.
Except Lucent, still licking my wounds over that one.
For what its worth, my picks are Wal-Mart (god, I love a cash transaction) and of all things AT&T (gees, they could sell everything and still be valued triple what they are now).