It's the buy opportunity of a lifetime! Buy futures now and ride the green candle stick up to 2950! It's free money. What are you waiting for?
I heard of him, but no. This has always been my alias. I was around during the Urgent Message from Rennick days. ET's finest thread, in my opinion. Is Rennick still around?
Buying the dip means buying when the market is in a downtrend. The rationale is that as the market indices rise over the long term, so whenever they fall gives a discounted a buying opportunity. Its true that equity market indices do rise over the long term, but that's because their memberships are continually revised to eliminate poorly performing stocks and introduce better performing stock. So the index is constructed like a ratchet, in which the positive influence will always eventually prevail. Individual stock prices however are not subject to any such influence and may just as easily fall as rise. The evidence for this is in the fact that the stock index memberships are being continually revised. So buying a stock on market dips is a 50/50 bet - that's stupid. Betting that the index value will rise is smart.
A quick glance at his profile shows he last logged on the site 8 months ago, and last posted in 2016. Maybe send him a PM to better get his attention.
That's why I buy index futures when buying the dip. I've been stopped out, sure, but on net it's a profitable strategy.
I think I might have heard "dip" in this song, but not sure it was a buy signal. Was it "dip", or "durp", which must be a sell signal. Listen to the background scratch...
That was what I did years ago when I was investing in stocks. When price dropped tremendously, I would look for opportunity to buy dirt cheap stocks. And when price dropped tremendously again, I would continue to look for opportunity to buy dirt cheap stocks. By now, there should be lots of people laughing all the way to the bank (provided you press the SELL BUY buttons in correct sequence ). Stop investing! Go do trading !