3 ms·

Those who try to get in at the bottom invariably find that it wasn't the bottom yet. Well, there is a different school of thought too: Those who wait for the b

by nebula 18y ago

Those who try to get in at the bottom invariably find that it wasn't the bottom yet. Well, there is a different school of thought too: Those who wait for the bottom to be hit will never be able to realize when it was hit. It's fairly easy to tell whether the market is in a downward spiral or is in boom. But I don't think anyone can ever tell if we have hit bottom unless we are already bouncing back. Same goes with the peak, you can't pinpoint it until we find ourselves in downward cycle.

rsheridan6 18y ago
>But I don't think anyone can ever tell if we have hit bottom unless we are already bouncing back. Even then you can't tell, because it might just be a temporary thing on the way down. Look at the three or so fools' rallies in the Japanese stock market in the last decade or so, for example.