Slick: When will the NASDAQ come back with strong gains?
Every day that passes seems more like a buying opportunity, so I buy a little more, and every day I’m losing more and more money. Now I have no more free cash left to buy with. How much longer do you think it is going to keep dropping?
Answers and Views:
Answer by el-el
There’s a saying, ” Don’t try to catch a falling knife.” 🙂
Wait for an uptrend.
The most important thing is not to worry about the NASDAQ index. Forget about the index.
Its better to study an individual company and ask “is this individual company cheap or expensive”?
Some tech shares are, some are not. Each individual company is different. Its psychologically hard to ignore the index…but once you get used to it, you will probably really try to understand the companies you are interested in.
Study the market, books, reports of : DELL, MSFT, ORCL, INTC, etc
A lot of these companies are having problems.
Answer by stockpicker2010The true bottom will be 12 December 2006. The NASDAQ will begin to make real gains by March 2007.Answer by angrysandwichguy2006
You’re silly to even ask a question, because the answer is: who knows? You should be following the general trend of the market and not just thinking that as it gets lower it is a “buying opportunity.” A lot of people wiser than you have dug their own graves with this logic.
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