There's a saying between my investing group of friends.
"Red means buy"
We love getting caught up in bear markets.
Markets are throwing discounts at our faces. Great stock sales. Quality companies are selling at rock bottom prices, what's not to like. [Cool]
However, we really dun like stock rallies...
Opportunities to buy cheap stocks become lesser and lesser. Discounts are hard to find.
Riding rallies up, worsen stock average price by averaging up instead of improving stock average price by averaging down.
Hence, my friends and I are loving the current bear market. Please give us more bears [Cool]
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