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To: Uncle Miltie
Market Timing has repeatedly been proved (vitually) impossible.

Timing to the day? Not me.

To the month? Maybe.

To the quarter? Most definitely yes and it can make or break a retirement.

73 posted on 02/16/2009 2:14:46 PM PST by Jacquerie (More Central Planning is not the solution to the failure of Central Planning.)
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To: Jacquerie
Accurately market timing the days is critical to a market timer:

"if you took away the 10 best days, two-thirds of the cumulative gains produced by the Dow over the past 109 years would disappear. Conversely, had you sidestepped the market's 10 worst days, you would have tripled the actual return of the Dow."

http://online.wsj.com/article/SB123275782424412007.html

THE INTELLIGENT INVESTORJANUARY 24, 2009.Why Market Forecasts Keep Missing the Mark By JASON ZWEIG.

74 posted on 02/16/2009 2:20:09 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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