 | Many stock market investors believe that prices have already bottomed. Numerous banks, brokers and financial firms have issued statements saying as much. Indeed, the May Elliott Wave Theorist, a monthly publication which has offered analysis of financial and social trends since 1979, noted: On April 28, Bloomberg interviewed four money managers to answer the question READ MORE |
Month: May 2020
Buying the Dip Can Backfire
 | “Buying the dip” might work in a rip-roaring bull market, but it can cost you your shirt in a severe downturn. Even so, this March 23 Wall Street Journal quote represents the mindset of many global investors: I’m Scared. That’s a Reason to Buy. The true contrarian only buys when it makes him feel physically READ MORE |