GREY:SGGDF - Post by User
Post by
JerryFrancison Nov 13, 2007 8:44pm
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Post# 13802643
Money
MoneyI have been told that the people that have the most success timing the swings, whether the stock is heading north or south, NEVER try to sell at the top or buy at the bottom. From what I understand they are very happy to glean 65% of the stocks highs or lows. The main thought behind that tactic is that no one can guess the exact high or low when trading and to try and do so gives visible evidence that GREED is at work in a person. As the saying goes, "pigs get slaughtered".
PLEASE REMIND ME OF THIS POST WHEN SGX MAKES ITS NEXT UPWARD MOVE.
Thanks,
Jerry Francis