Thursday, August 29, 2013 10:58:49 AM
sell it at 1.02 only to watch it rally to 1.68.. the moments of desperation usually precede rallies. professional investors use the perceived sentiment to reverse-position themselves for selloffs and rallies.
you cannot time the market precisely, but i would say getting in BAA at $1.00 is much better than at $4.00. but of course depending on your trading timescale.
you cannot time the market precisely, but i would say getting in BAA at $1.00 is much better than at $4.00. but of course depending on your trading timescale.
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