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[QUOTE="teamco, post: 2058828, member: 4245"] Let me steer you to some of the research regarding Behavioral Finance, which is instructive on this topic. Humans are hopelessly emotional and irrational actors. They would rather buy something after it has run up 20%, 50% or 100% than when it is selling off and on the bargain table. The public typically buys near the top and then gets washed out near the lows. Same sort of behavior is exhibited by sports fans- when their team is losing they suck and are the worst, when their team is winning or coming back delirium grows and they are awesome. You are railing against the wind. [/QUOTE]
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