Think healthy, be healthy; clean body, clean mind, take your pick. Today, the Market can do whatever it wants and I will consider it constructive and healthy. Wait a moment, you say, "up, yes that's good, sideways, yes, all climbrs must rest, but down, how can negatvie be postive?"
An import aspect that you can discover is how fast the buyers rush in to support the price of your favorite stock. Hey, you're not the only potential buyer thinking about the issue. Someone will think that if it was good enough to buy yesterday at a higher price, then it is even more of a bargain at today's lower price, while other players are still accumulating positions on price dips.
From the sell side, you can watch to see if the supply dries up quickly or if it keeps coming in and knocking the price down. If the Market goes down today, it will give you an opportunity to gauge the demand for the stock that you want, by watching the enthusiasm of the other buyers and the supply from the sellers.
Imagine yourself in this situation: that stock you wanted takes the little dip you were waiting for and some other buyer in front of you gets the last order filled at your price before it turns around and goes through the roof.
Don't kick yourself, don't fret or pout, just go to the front of the line and place a Market order while repeating. If it is going to be a money maker, then why miss out for an eight of a point. In Market terms, we still use the saying, you snooze, you lose. Today is a good day to constructively buy or sell to improve your position. Don't lose an opportunity and save your snoozing for the evening.
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