You sound like you are touting the efficient market hypothesis.
I love this quote from Larry Hite, "...everyone who has ever told me the markets are efficient is poor."
"Lawrence D. Hite is a hedge fund manager,[1] who, along with Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications, and, in 1986, BusinessWeek awarded Hite its annual Best of Award. [2]" http://en.wikipedia.org/wiki/Larry_Hite
Buying good stocks (or selling bad ones) before others discover everything is how you make incredible amounts of money.
To defeat your inner fear and greed, let the purchase price of your investment fade into the forgotten past.It is irrelevant.Focus only on the likelihood the investment will return or lose money henceforth. Then, simply buy or sell.
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