Maybe not. Maybe the best time to jump in is when it looks worst.
Econ. 101 case history/market model:
Start
1.Hog prices boom. Farmers hold back sows to breed like crazy.
2. Stoats grow a bit and hit the market, crashing prices. Panic selling of hogs and breeding sows pushes prices down to the point some farmers fail.
3. A shortage of pork results, prices soar.
Goto 1
Never
End
Slashdot Mirror
Maybe not. Maybe the best time to jump in is when it looks worst. Econ. 101 case history/market model: Start 1.Hog prices boom. Farmers hold back sows to breed like crazy. 2. Stoats grow a bit and hit the market, crashing prices. Panic selling of hogs and breeding sows pushes prices down to the point some farmers fail. 3. A shortage of pork results, prices soar. Goto 1 Never End