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<p>[QUOTE="Cloudsweeper99, post: 1161336, member: 3011"]You quote Buffett [it's with two t's, not one - the person, not the meal] who doesn't attempt to time the market as support for your failed strategy of timing tops and bottoms. I would suggest that you actually study Buffett before you attempt to quote him in support of your own failed viewpoints. Then maybe you will realize that pricing is more important than timing, and your posts won't read so much like nonsense. </p><p><br /></p><p>So to repeat, there are basically two reliable ways to make money in markets. (1) Buying something for less than present or future intrinsic value, which is Warren Buffett style value investing, and (2) trend following with loss controls. If you study a bit about trend following, you will also learn something about loss control that is inherent in the strategy and prevents the situation that concerns you. It's better than your guessing tops and bottoms.</p><p><br /></p><p>Happy studying![/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1161336, member: 3011"]You quote Buffett [it's with two t's, not one - the person, not the meal] who doesn't attempt to time the market as support for your failed strategy of timing tops and bottoms. I would suggest that you actually study Buffett before you attempt to quote him in support of your own failed viewpoints. Then maybe you will realize that pricing is more important than timing, and your posts won't read so much like nonsense. So to repeat, there are basically two reliable ways to make money in markets. (1) Buying something for less than present or future intrinsic value, which is Warren Buffett style value investing, and (2) trend following with loss controls. If you study a bit about trend following, you will also learn something about loss control that is inherent in the strategy and prevents the situation that concerns you. It's better than your guessing tops and bottoms. Happy studying![/QUOTE]
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