It’s easy to be pessimistic about the stock market, watching it fall and fall even farther these days. But it’s smarter just to watch it go down in the expectation of discovering when it finally finds the bottom of the current descent. That will be the time to buy good stocks at low prices undreamt of in a lifetime. For one thing is pretty certain: the market will go back up again, and losers now could be gainers in the future. The only question is when to start buying again?
ADDENDUM: Meanwhile, as the Seablogger advises: "Be patient. Hold fast."
UPDATE: Some obviously were buying in the historic, Oct. 13 rally. Remains to be seen if this is the end of the free-fall.















