Quote:
Originally Posted by G1911
Like I said, it is a fools errand to try and time exact peaks. But it is incredibly easy to buy when the market is having a bad time and prices are low and to sell when things are high. It takes maybe 20 seconds to open one's favorite stocks app and look at the indexes to know if things are generally high or low in the present to make buy decisions for blue chips and index funds. People can absolutely do this. I ain't special, and I ain't important enough to have insider information even if I was willing to commit the felony.
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If it's that simple, more people would do it. See my challenge above.
You only know ex post if they're low or high because there are too many variables and uncertainties to predict short term direction..
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