Stock Market Strategies – Is Predicting the Winners Possible?
Article Excerpt:
When a stock is seen to rise strongly one year, the reasonable thing is usually to assume that it will continue to do so the next, isn’t it? If the entire market rises well in one year, is it safe to assume it will continue to do the same? How tempting it is to think so now, the way we’ve seen everything rally around the last several months. But you can’t just take your money to the market because you believe in inertia – that things have to inexorably move in the direction they are heading in. What these kinds of ideas would make for is a really sorry stock market strategy.
