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To: Jacob Snyder who wrote (76872)7/17/2000 7:31:43 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> And they still wouldn't do as well as someone who timed his purchases

I have to disagree, doc. Nobody can time the market or a stock consistently. It's a waste of time and effort.

Now if you want to shift the emphasis to waiting patiently for a good valuation, I'll concede it can be done, but only by a very few who have the gift.

uf



To: Jacob Snyder who wrote (76872)7/17/2000 11:30:11 PM
From: 16yearcycle  Respond to of 152472
 
"And they still wouldn't do as well as someone who timed his purchases, buying only when the stock is out of favor"

Jacob, that is putting a value on the purchase, not timing it. Think about it. You buy because the price is low or right, not because of the minute, day, week, month or year.


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