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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on May 15, 2012 10:18pm
185 Views
Post# 19913592

RE: RE: RE: ability of production

RE: RE: RE: ability of production

Timing the market is a mug's game. I have said through this board in the past that "time in the market" wins everytime "timing the market". Unless you want to be a trader or a day trader, timing the market is absolutely critical to survive. You have to be able to read charts, trading patterns and so on. But being an investor, is a totally different ball game. You need to be  able to do fundamental analysis of the company, to read balance sheets and income statements, to read formulas such as P/E ratios understand concepts such as price to book, premium to book, price to cash flow, etc, etc. than you decide to take a position and hold on to it. On the way you monitor and evaluate the stock and so forth. Set your time horizon for one, two , three years and don't overanalyze the daily movements of a stock and try to make sense of it, or you go crazy unless you become a market specialist or a professional trader. Otherwise, lay back and let things work themselves out. And above all, the money you put in the market is money to be lost, not money to pay for the baby's milk. End of story

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