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<p>[QUOTE=&quot;-jeffB, post: 2503128, member: 27832&quot;]But if you&#039;re adjusting the amount you spend based on whether you think the price is low or high, <i>you&#039;re not dollar-cost averaging any more</i>. You&#039;re <i>speculating</i> that, since silver is cheaper now than last month, you should buy more. If it continues to go down, you&#039;ve spent money that you should&#039;ve saved for a time when it will buy more silver.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>These are <b>pure MARKET TIMING</b>. These rules seem like common sense, but you have to keep in mind that <i>everybody else</i> seriously studying the market will have seen these same patterns, and the expectations they generate will be baked into the market price.</p><p><br /></p><p>If you think you can make money timing the market because you know more than the rest of the market, you <i>may</i> be right, but the smart money won&#039;t bet on it. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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