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How to catch a falling knife.

renman95renman95 Posts: 7,037 ✭✭✭✭✭
In the morning canoed down the Colorado river with my two boys.

Had lunch with my wife and daughter.

And with 5 minutes to go and the Dow down 558 I nibbled.

image

Comments

  • morgansforevermorgansforever Posts: 8,461 ✭✭✭✭✭
    Sounds like a good time, peaceful I bet.
    More than likely, a bit more peaceful than being on the floor of the exchange.

    DJI: 10,809.85 -634.76 -5.55%
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    "She was practiced in the art of deception.............

    You could tell by her bloodstained hands............."

    Rolling Stones, "You Can't Always Get What You Want"
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    And you didn't invite Baley?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • pursuitoflibertypursuitofliberty Posts: 6,912 ✭✭✭✭✭
    Ren',

    You are not alone ... I wrote myself a note last night that basically said, "if the blood is running, make the trade". I checked at about 15 minutes prior to the close, and executed some "at the close" buys I had figured last night.

    It was tough to do, and may well have been too early ... but if the blood continues, I will do it again at least once or twice more.



    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
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