If you have any doubt about what to do in the market, buy, sell, no matter what, do NOTHING... that is far, far better than acting rash.
%% Common mistake #18 =influenced by things that are not crucial , such as stock splits + news announcements.- IBD Founder
"I’ll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.” Bernard Baruch. Fascinating guy. Years ago I was reading his autobiography and there was a passage about one the "panics" common in the late 1800's and early 1900's. After one of these "panics" he saw a bunch on old Civil war vets, some with canes, walking down to the telegraph office to buy stocks. They had seen it so many times, they knew to take advantage of the "panic". Buy when there is blood in streets
“There are old traders and there are bold traders, but there are very few old, bold traders.” — Ed Seykota