Markets are the only successful means human beings have developed to define their state of knowledge about the fundamental fact of existence for all life on the planet - scarcity. Medical research, engineering and dramatic production (my favorite "art") are all wonderful gifts; but none of them can exist without the seemingly useless activity of the people who define prices.
I believe that attempting to time the market on a short term basis is worthless' instead I would recommend a middle of the road approach that would work much better and what would the approach be. Instead of the classic buy and hold strategy which I believe is now outdated. I would hold a stock anywhere from 2 years to 5 years.
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