In response to
"my point is that if you wait too long for the bottom, you'll certainly miss it. I would rather lose on this side, I think."
by
the year of the ox loves mandy lane
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That's very risky. There's a lot of down side and very little up side.
Posted by
Mop (aka rburriel)
Jan 22 '09, 10:48
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If you buy now, you can find yourself upside down in a market that refuses to stop plummeting, or you could get a bargain and see a sunny day on the horizon. I'm of the opinion that it's better to wait and see an upward trend then buy now and not know for sure if we're at the bottom.
Raul
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