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Reply to "Here comes the “dip”"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's too early for any dip. In my "armchair forecaster" I think the real dip is yet to come and it will be tied to activities on the ground. What worries me most though if this becomes and excuse for the market to finally reflect the true state of our economy and job market. And if it does, I will not be surprised if the Dow goes below 40000 by the end of April.[/quote] Well, this aged badly, and we are down 1000 points in the Dow[/quote] PP here you are correct. But lets see the cumulative drop. If you buy the dip today and it goes further down 1000 pts that's gambling unless you are buying/selling aka same day investing person. Most of us don't have the time to do this. We can only buy the dip once we see a general trend.[/quote] Well i was already planning to buy some more tech funds, as I realized the Vanguard tech index doesn’t include Google or Facebook because they are classified as communication not tech. So I am buying some QQQ and hope this doesn’t completely bite me. [/quote]
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