A Will Rogers Quote
"Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it."
This quote to me is not as funny it seems. I am realizing that some of the stock market ideas that I espouse correlates with this Will Rogers quote.
1. Develop a market timer (MACD etc..)that assist in confining stocks market investment to those periods in which probabilities indicate that the market will advance.
Quote: If it don't go up, don't buy it.
2. Utilize the same market timer to defines those periods in which probabilities indicate that the market will decline.
Quote: Hold it till it goes up, then sell it.
3. Proper and sound stock selection.
Quote: Don't gamble; take all your savings and buy some good stock.
Again, I firmly believe that market timing and proper and sound stock selection is the key to obtain high returns on low risk investing.
Just my observation
ocroft
