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   Market correction is a buying opportunity

28 Jun 2012 09:11 AM   |   581 clicks   |   Marketwatch
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Lost Thought 00    [TotalFark]  
Invest in knives.

28 Jun 2012 09:28 AM
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SniperJoe     
It all depends on your timeline! If you're not planning on retiring for 30 years, keep buying! If you're retiring in a year, you shouldn't have been that heavily into the market anyway.

28 Jun 2012 09:36 AM
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Contents Under Pressure     
Buy low, sell high.

Lots of good, solid stocks take a fall with everyone else, but they always bounce back.

28 Jun 2012 01:15 PM
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This About That    [TotalFark]  
So, the Fark article about "sell everything" is actually a snide quote about dumb clients from a money manager. The "buying opportunity" article is, at least, about an interpretation of technical indicators, with mention of a "blizzard of bad news". My own very fuzzy evaluation is that the long-term (several months) pattern in the major indices indicates a long-term top, but not all stocks will observe it. Also, the 13,000 level of the DJIA is a psychological big deal of some kind, and a "blizzard" passes on. So, "hold". Thanks Fark, that's what I was going to do anyhow.

28 Jun 2012 02:10 PM
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Krumet     

28 Jun 2012 06:23 PM
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