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Silver drops nearly $2 in several days?...
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<p>[QUOTE="-jeffB, post: 2029172, member: 27832"]The catch is that you can't tell a "dip" (a drop followed by a rise) from "just another part of a long downward tumble", except in hindsight.</p><p><br /></p><p>I remember someone telling me that the best trading strategy was to buy things that were going up, and sell things that were going down. My response: since you can't foretell the future, all you can do is buy things that <i>have</i> gone up and sell things that <i>have</i> gone down -- in other words, the opposite of "buy low, sell high".</p><p><br /></p><p>I tend to be a contrarian, so I'll probably buy some more silver during this dip or this stage of the avalanche, whichever it turns out to be. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2029172, member: 27832"]The catch is that you can't tell a "dip" (a drop followed by a rise) from "just another part of a long downward tumble", except in hindsight. I remember someone telling me that the best trading strategy was to buy things that were going up, and sell things that were going down. My response: since you can't foretell the future, all you can do is buy things that [I]have[/I] gone up and sell things that [I]have[/I] gone down -- in other words, the opposite of "buy low, sell high". I tend to be a contrarian, so I'll probably buy some more silver during this dip or this stage of the avalanche, whichever it turns out to be. :)[/QUOTE]
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Silver drops nearly $2 in several days?...
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