The best answer to this question is, sometimes - but don't count on it.
Generally, the market does a pretty good job of pricing stocks, but when the crowd is acting irrationally, you can find your best and worst buys.
Don't try to beat the market.
Instead, focus on building the best portfolio you can.
Buy stocks when they're cheap and sell them when they recover.
Do not worry about missing the highest highs because you rarely can sell at just the right time to avoid the steep drop-off when the price of a stock plummets.
MOST PEOPLE GET CAUGHT UP IN THE EMOTIONAL HIGHS THEY FEEL AS STOCKS CLIMB AND DON'T ACT TO TAKE PROFITS BEFORE IT'S TOO LATE. DON'T GET CAUGHT UP IN THAT TYPE OF BEHAVIOUR.
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