Quote:
Originally Posted by GattaFish
I just know going to all cash in my 401k and mutual funds in the first week of Oct 2007 (thank god for the internet) when I was looking at the charting and then buying when the dow dropped below 8000 was the smartest thing I did,,,,,, I am no genius but tried to use a little common sense...
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I do somewhat believe in charting and volume. Consider this:
I've been reading Investors Business Daily for close to 10 years and they nailed both the internet bubble top as well as the housing bubble top. Only thing they can't tell you is how deep the correction will be, but following it has saved me from some huge losses...sometimes not losing all your money is as good as a gain.