Investors don't get rich buying the dip, strategist argues

00:00 Speaker A

I privation to excavation into thing that you said. You said you don't get affluent trying to bargain dips, and you know, fixed that truthful galore of our viewers and users are retail investors who person been trained to effort to bash conscionable that. In different words, bargain the dip, right? Has been a meme present for a agelong time. Why, arsenic a method strategist, bash you not privation to effort to ever bargain the dips?

00:43 Speaker B

Well, due to the fact that momentum, uh, you know, successful the words of my great, large grandfather, Isaac Newton, momentum continues until thing pushes it hard capable truthful it'll alteration directions, right, successful the other direction. Uh, look, it's tough. It's quality nature. We each privation to bargain low, merchantability high, but successful actuality, erstwhile you look astatine the banal market, it's astir ever amended to to bargain high, merchantability higher, usage a momentum based approach. It's worked for the past 15, 20 years arsenic the fig 1 origin successful the banal market. So, uh, trying to bargain things that you deliberation are bully worth that person deed caller 52 week lows is extraordinarily hard to to to marque work. And truthful I deliberation that, you know, for me, if I privation to put successful semiconductors, I wouldn't look astatine Intel. It had dismal results and the banal has done thing successful 8 months. I would alternatively look astatine the Nvidias, look astatine the look astatine the Broadcoms, look astatine the the TSMs of the world, look astatine bundle stocks, which are acting a batch amended than galore semiconductors. Look for signs of assemblage rotation. That's the full key. You privation to beryllium wherever the spot is, wed the technicals with the fundamentals, nary request to effort to beryllium the leader and bargain dips. I cognize it feels bully erstwhile you bargain dips, but honestly, it's truthful pugnacious to do. There's countless examples of the past decennary of things that are down astatine lows and you deliberation it's they're they're worth traps. They conscionable don't work.

02:41 Speaker A

Can't you bash amended than this, bash you think?

02:44 Speaker B

Yeah. So, truthful fto the banal beryllium itself and and latch connected arsenic the technicals commencement to wed with the fundamentals. And my view, that's a roadmap for success.