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Dow Drops More Than 500 Points

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Old 08-05-2011, 01:48 AM   #1
GMScud
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Re: Dow Drops More Than 500 Points

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Originally Posted by saden1 View Post
This great...I got extra money laying around amd now I have a place to put them. Everything is on sale....buy buy buy!
?? drunk thread maybe?
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Old 08-05-2011, 02:09 AM   #2
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Re: Dow Drops More Than 500 Points

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Originally Posted by GMScud View Post
?? drunk thread maybe?
No, it's called Value Investing Strategy...one of the pillars of investing is to buy more when the stock price of solid companies drop. It makes sense plus it doesn't hurt that Warren Buffet uses this strategy.
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Old 08-05-2011, 12:15 PM   #3
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Re: Dow Drops More Than 500 Points

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Originally Posted by saden1 View Post
No, it's called Value Investing Strategy...one of the pillars of investing is to buy more when the stock price of solid companies drop. It makes sense plus it doesn't hurt that Warren Buffet uses this strategy.
Yep. Buy low, sell high.
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Old 08-05-2011, 01:00 PM   #4
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Re: Dow Drops More Than 500 Points

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Originally Posted by Schneed10 View Post
Yep. Buy low, sell high.
Wow!!! Wish I had thought of that.
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Old 08-05-2011, 02:05 PM   #5
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Re: Dow Drops More Than 500 Points

Crazy sh*t!!

Any Warpath traders out there?
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Old 08-05-2011, 02:15 PM   #6
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Re: Dow Drops More Than 500 Points

Quote:
Originally Posted by saden1 View Post
No, it's called Value Investing Strategy...one of the pillars of investing is to buy more when the stock price of solid companies drop. It makes sense plus it doesn't hurt that Warren Buffet uses this strategy.
Yeah I get that. Your post read like a drunk man, that's all I was saying. All good.
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