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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Silent who wrote (54358)9/10/2013 12:09:04 PM
From: Pravda  Read Replies (1) | Respond to of 222894
 
If you believe the market is always priced correctly (the efficient market theory), buy an ETF. The low fees are hard to beat.

If you believe the market oscillates around fair value, then buying at a low optimism point and selling at a high optimism point makes sense.

Your argument that the stock market is purely random seems to put you in the first category.