I think we still have to wait till we cross again 610 mark, before that really not recommending buying.
So... Wait 'till the price goes up to buy? Do you also wait for the price to drop to sell?? Brilliant trading strategies..
very very few investors - even professional ones - are capable of behaving like Warren Buffett, and buy when others are selling and sell when others are buying. Most move with the herd and with conventional wisdom.
I recently tried to do some trading with little money i earned from signature campaign, and i am really bad with this, i lose money on most of my trades, so i stopped and i am now convinced that my strategy (buy and hold) is the best for me.
Intraday/Short term trading not good for us, only professional make money from that and we loosing with it.