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<p>[QUOTE="Cloudsweeper99, post: 1569791, member: 3011"]I recall back in the 1990s the mantra was buy the dips with tech stocks. [I even recall the one-decision stock craze of the 1970s.] And this worked very well for several years, right up to the day when it stopped working and those who bought the final dip saw a large percentage of their portfolio vanish. So the question is, who is going to tell everyone which dip is the last dip for PMs? I know many people believe PMs will never drop signifincantly again in their lifetime, or at least for a good number of years, but let's be real -- that's a fairy tale. PMs are not a one decision investment. Such a thing doesn't exist. And market history has shown that the greatest number of investors jump on the bandwagon late in a bull market. I don't know if it is late or not, but it's more than a decade old -- very old by bull market standards.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1569791, member: 3011"]I recall back in the 1990s the mantra was buy the dips with tech stocks. [I even recall the one-decision stock craze of the 1970s.] And this worked very well for several years, right up to the day when it stopped working and those who bought the final dip saw a large percentage of their portfolio vanish. So the question is, who is going to tell everyone which dip is the last dip for PMs? I know many people believe PMs will never drop signifincantly again in their lifetime, or at least for a good number of years, but let's be real -- that's a fairy tale. PMs are not a one decision investment. Such a thing doesn't exist. And market history has shown that the greatest number of investors jump on the bandwagon late in a bull market. I don't know if it is late or not, but it's more than a decade old -- very old by bull market standards.[/QUOTE]
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