It's really true. The market enjoys upward trends and abhors downward trends. No real economic data came out today to support such a market bump, but it occurred anyway. This is why buying on lows (bargain hunting) is a rule of mine, and a rule that many investors follow.
The tough part is trying to find the right time to buy during an upward trend time, or mixed weeks, such as this week.
My suggestion? Stay out until the end of November. The markets are extremely volatile, and if you aren't in already, wait it out.
Tuesday, November 6, 2007
The Market Always Likes Going Up
Posted by Finance Guy at 9:26 PM
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