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View Poll Results: S&P 500 close at Dec 31, 2015 - today it closed at 2051 (Nov 18, 2014)
Below 1500 1 2.86%
1500-1950 4 11.43%
1950-2150 14 40.00%
2150-2500 12 34.29%
Above 2500 4 11.43%
Voters: 35. You may not vote on this poll

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Old 12-14-2014, 04:20 PM
 
166 posts, read 163,767 times
Reputation: 75

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Check how the stocks on the NYSE were moving in relation to their 52-week highs and lows over the past 8 trading session.


chart courtesy of marketvolume.com
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Old 12-16-2014, 06:17 PM
 
919 posts, read 848,355 times
Reputation: 1071
Quote:
Originally Posted by LordSquidworth View Post
So if it were me, I would focus on the large corporations if their share prices drop to a nice price.

In the event of an extended period of low prices, the little fish will get bought up by the big ones or shutter.
This is true for risk-adjusted returns.
For absolute returns, it is better to buy junk when everything is on sale, than to buy quality stocks.
Alas, I know the theory but never have the courage of my convictions to actually go out and buy a basket of crap after big drops.
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