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That's what Wall Street calls "trying to catch a falling knife". You want to wait until after recovery starts, because you have no idea how far the price is go
by vellum 12y ago
That's what Wall Street calls "trying to catch a falling knife". You want to wait until after recovery starts, because you have no idea how far the price is going to fall. Of course, figuring out whether it's an actual recovery vs. a pit stop on the way to the bottom, is another issue.
http://www.investopedia.com/terms/f/fallingknife.asp http://www.investopedia.com/terms/f/fallingknife.asp