Best time to buy is when there is "blood in the streets",

Asoka Samarakone

Asoka Samarakone

Expert

Posts : 551
Equity Stars : 6381
Reputation : 52
Join date : 2011-11-04
Age : 79
Location : colombo sri lanka

A market bottom is a trend reversal, the end of a market downturn, and precedes the beginning of an upward moving trend (bull market). The upturn following a decline is often short-lived and prices might resume their decline. This would bring a loss for the investor who purchased stock(s) during a misperceived or "false" market bottom. Baron Rothschild is said to have advised that the best time to buy is when there is "blood in the streets", i.e., when the markets have fallen drastically and investor sentiment is extremely negative.

Redbulls

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16262
Reputation : 770
Join date : 2012-02-14

Source: http://en.wikipedia.org/wiki/Market_trend

Slstock

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13569
Reputation : 1158
Join date : 2011-01-22

So do you think 4700 was a false bottom?

Asoka Samarakone wrote:
A market bottom is a trend reversal, the end of a market downturn, and precedes the beginning of an upward moving trend (bull market). The upturn following a decline is often short-lived and prices might resume their decline. This would bring a loss for the investor who purchased stock(s) during a misperceived or "false" market bottom. Baron Rothschild is said to have advised that the best time to buy is when there is "blood in the streets", i.e., when the markets have fallen drastically and investor sentiment is extremely negative.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Best time to buy is when there is "blood in the streets",

1 Best time to buy is when there is "blood in the streets", Sat Dec 22, 2012 9:48 pm

Asoka Samarakone

2 Re: Best time to buy is when there is "blood in the streets", Sun Dec 23, 2012 1:11 am

Redbulls

3 Re: Best time to buy is when there is "blood in the streets", Sun Dec 23, 2012 4:34 am

Slstock

4 Re: Best time to buy is when there is "blood in the streets",

Sponsored content

New topics