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<p>[QUOTE=&quot;mikenoodle, post: 728567, member: 307&quot;]Doug:</p><p><br /></p><p>Although you make excellent and well-supported points, you can and sometimes should buy in a falling market. An example is the current housing market. Now is an excellent time to buy because the values of homes are about as low as they can possibly go. They may still be falling, but over the long run, they will rebound and re-gain at least some if not all of their value.</p><p><br /></p><p>Some stocks were also a real value in 1930 after the crash (although some not). The idea that I am espousing is that if you can determine that an item has real value in the marketplace and accurately guess (that&#039;s right, it&#039;s a guess) where the bottom is, you buy as close as you can to it. Either side going up or down, because it is a bottom. </p><p><br /></p><p>Typically in market bottoms the prices are low not because value isn&#039;t there, but because the money with which to buy is unavailable to the majority of people.[/QUOTE]</p><p><br /></p>

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