Sebagaimana 2 post kami kemarin mengenai 'fear of losing out' ( http://groups.yahoo.com/group/saham/message/129743 dan http://groups.yahoo.com/group/saham/message/129791), berikut adalah pandangan dari salah satu guru mid-term trading/(capital gain) investing, William O'Neil tentang kesiapan dan kesiagaan kala volatilitas pasar berada pada zona bear.
*Don't Jump Back In Too Early* I didn't have much problem recognizing and acting upon the early signs of the many bear markets from 1962 through 2008. But a few times I made the mistake of buying back too early. *When you make a mistake in the stock market, the only sound thing to do is to correct it. Don't fight it. Pride and ego never pay off*; neither does vacillation when losses start to show up. The typical bear market (and some aren't typical) usually has three separate phases, or legs, of decline interrupted by a couple of rallies that last just long enough to convince investors to begin buying. In 1969 and 1974, a few of these phony, drawn-out rallies lasted up to 15 weeks. Most don't last that long. *Many institutional investors love to "bottom fish." They'll start buying stocks off a supposed bottom and help make the rally convincing enough to draw you in*. *You're better off staying on the sidelines in cash until a new bull market really starts*. http://www.investopedia.com/university/greatest/williamoneil.asp#axzz1Uh63CKf8 '+'
