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Originally Posted by Table 5
i agree its a good time to invest in general, but im going to wait a bit to see atleast a bit of an uptick. this thing could still slog its way down into the 8000's....
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Might work, but often when people do this they can't bite the bullet when the uptick occurs and they miss out on the first 10-25% of the recovery. I'd consider dollar-cost averaging in over the next several months. It could drop into the 8,000s, but I doubt it. That would be quite the whopper of a correction.
To Metal_Geek, most of the rollercoaster market volatility is due to emotions and investor sentiment. People get buoyant and bid the market up, and when things aren't so good they get despondent and bid it down. This would be a great business if not for people.
