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New Column up at Real Money (11/17/04)

Posted By Barry Ritholtz On November 17, 2004 @ 9:20 am In Media | Comments Disabled


My latest Street.com column, "Buy the Dips [1]" is up at RM. It expands upon many of the ideas from earlier comments, Compare and Contrast [2].


In sum, I am advising clients to use any pullback as an opportunity to add to long positions. Look for the Nasdaq to pull back toward 2040. I hope the S&P pulls back to 1150 (but since I suspect it won’t, I would start adding as the S&P approaches 1160). Perhaps the Dow pulls back to 10,350, but on the chance it doesn’t, use 10,425 to start scaling into that index."

Here are a few charts:

Dow’s downtrend broken

Picture_of_a_breakout_ [3]

Lower lows/lower highs turn into higher lows/higher highs

Higher_lows_higher_highs_ [4]

S&P goes positive, year to date

Sp_goes_positive_ [5]

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/11/new-column-up-at-real-money-111704/

URLs in this post:

[1] Buy the Dips: http://www.thestreet.com/p/_rms/rmoney/barryritholtz/10194735.html

[2] Compare and Contrast: http://bigpicture.typepad.com/comments/2004/11/compare_and_con.html

[3] Image: http://bigpicture.typepad.com/photos/uncategorized/picture_of_a_breakout_.gif

[4] Image: http://bigpicture.typepad.com/photos/uncategorized/higher_lows_higher_highs_.gif

[5] Image: http://bigpicture.typepad.com/photos/uncategorized/sp_goes_positive_.gif

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