As Their Situation Began to Improve, the Financial Adviser Began

Multiple Choice

As their situation began to improve, the financial adviser began discussing investment strategies with Penny and Ira. He suggested that they might want to invest in the stock market. He surprised them by saying that they should try to buy stocks during a major downturn in the market-just when most people were trying to sell. This statement suggests that the financial advisor agreed with the

A) ontrarian approach to investing.
B) concept of "buying short."
C) use of leverage in the stock market.
D) random walk theory of investment strategy.