Comments on: Is the Dow Flashing a Buy Signal? http://www.fundmasteryblog.com/2009/07/29/is-the-dow-flashing-a-buy/ Mutual Funds, Investing, Retirement, Economy, Personal Finance Thu, 09 Sep 2010 20:55:29 +0000 http://wordpress.org/?v=2.3.1 By: jdm http://www.fundmasteryblog.com/2009/07/29/is-the-dow-flashing-a-buy/#comment-3197 jdm Thu, 30 Jul 2009 14:29:51 +0000 http://www.fundmasteryblog.com/2009/07/29/is-the-dow-flashing-a-buy/#comment-3197 If one is willing to enter and leave the market based on various conditions - play the market, as it were - those buy signals seem to be indeed a pretty good indication. I am a long term investor type (the much maligned buy-and-hold'er). I think, looking at about half of those instances though, that the market was exhibiting the proverbial dead cat bounce or bear rally. I'd prefer to just buy companies that I like and trust and let the market indices do their thing. So far, this has served me pretty well. If one is willing to enter and leave the market based on various conditions - play the market, as it were - those buy signals seem to be indeed a pretty good indication.

I am a long term investor type (the much maligned buy-and-hold’er). I think, looking at about half of those instances though, that the market was exhibiting the proverbial dead cat bounce or bear rally.

I’d prefer to just buy companies that I like and trust and let the market indices do their thing. So far, this has served me pretty well.

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