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<p>[QUOTE=&quot;Cloudsweeper99, post: 1259322, member: 3011&quot;]Your comment about timing is the typical misunderstanding of what Ben Graham was saying.&nbsp; He wasn&#039;t saying that anyone should try to time the market in the sense of anticipating where it would go.&nbsp; He was a big advocate of taking advantages of big moves in the market AFTER they occurred -- buying AFTER a big drop and selling AFTER a big rise.&nbsp; Essentially he was using a PRICING model, not a TIMING model.&nbsp; It is true that this takes a basic knowledge of how to read and understand financial statements.&nbsp; Probably the most dangerous thing an investor can go is buy gold with no intention of ever selling regardless of how high it goes.&nbsp; This was the mentality with tech stocks in the 90s.&nbsp; Nobody knows what the top will be for gold, but it is foolish to believe there won&#039;t be a top.[/QUOTE]</p><p><br /></p>

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