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<p>[QUOTE=&quot;medoraman, post: 1355667, member: 26302&quot;]Inflexion, maybe this little Warren Buffett story will help. </p><p><br /></p><p>Think of the market as a man in a little top hat called &quot;Mr. Market&quot;. Every day Mr. market comes to you and offers to buy and sell stocks to you. Some days he&#039;s in a great mood, and wants a fortune for his shares, but will pay a high price for yours. Other days he is in a miserable mood, the sky is falling, and he won&#039;t pay much for your shares, but will sell you his cheap. Now, feel free to take advantage of Mr. Market, buy from him when he is in a bad mood, and sell when he is in a good mood, but NEVER try to guess how Mr. Market will feel tomorrow.</p><p><br /></p><p>The point being Mr. Market has sentiment, and is almost always an overreaction to current news. The biggest mistake most people make is guessing where his sentiment will be next week, or tomorrow, or even in 2 hours. There is no way of knowing. Now, there CAN be calculated an intrinsic value to a stock, and if its correct eventually the market will reflect that value. That is what Cloud is referring to.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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