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Old 12-19-2001, 07:49 PM
Posts: n/a
Default Re: understanding individual stock valuation

I believe that your point is that in the short run, while you may know WHERE prices are going, you can't really profit unless you know WHEN prices are going.

My alternative suggestion is that over the long haul and over the entire market, equity prices move up/down according to increases/decreases in GDP, inflation and investor sentiment. There's no telling when these changes will occur. Don't market-time. Use cheap index funds. Stay invested. Good luck and see ya at the finish line in 35 years or so. Russ.
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