Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expat_panama

Catch a falling knife?


30 posted on 01/06/2015 5:30:43 AM PST by Wyatt's Torch
[ Post Reply | Private Reply | To 27 | View Replies ]


To: Wyatt's Torch; abb
Catch a falling knife?

AKA "don't fight the tape" or "the trend is your friend".  The idea that it's just not reasonable to expect an ongoing price movement to suddently reverse course just because today we bought in.   OK, so it does happen once in a while, but in my experiance it's not often enough to cover losses.

33 posted on 01/06/2015 7:08:48 AM PST by expat_panama
[ Post Reply | Private Reply | To 30 | View Replies ]

To: Wyatt's Torch

Except that you never know where the bottom is. But if something was a good buy at X dollars, it is a better buy at 3/4 X or 1/2 X, every time.

And nothing, I mean nothing, will take the place of hydrocarbon energy in our lifetimes. So a prediction that energy, and the companies that produce it, will be here for quite a while longer.


34 posted on 01/06/2015 7:09:07 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
[ Post Reply | Private Reply | To 30 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson