being down 150 points doesn't "seem so bad after all"
mm
You know things are bad when...
Started by
maineman
, Aug 16 2007 01:07 PM
3 replies to this topic
#1
Posted 16 August 2007 - 01:07 PM
#2
Posted 16 August 2007 - 01:26 PM
haha.yeah
are you still long?
#3
Posted 16 August 2007 - 01:45 PM
I've been long since I got 10 shares of a closed end mutual fund for my Bar Mitzvah many decades ago.
Seriously, I am a long term perma bull. I use these down drafts to buy for my long term holdings. Banks look pretty good, for example....I guess you would call me a "value" investor. Times like this are what we thrive on.
My trading is entirely separate. My trading style is in/out, sometimes several times a day.
mm
#4
Posted 16 August 2007 - 02:04 PM
i'm going for up tomorrow and then a new low next week and hopefully that seals the deal
we shall see - crazy VIX level!