All the great value investors from Benjamin Graham to Peter Lynch and Warren Buffett agree that the short term movements (over a few months) are irrelevant to good investing except that they might offer the opportunity to buy at a bargain price if other investors are being foolish.
The investor must concentrate on the underlying business of the company in question and not waste time trying to achieve the impossible.
Buying and selling on the prediction of market movements is likely to result in very poor performance, as the investor is likely to be optimistic and pessimistic at precisely the wrong times.
On top of which there are the additional costs of frequent trading – transaction costs and taxes.
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investing is about making the right decisions, not many decisions.