Because we cannot know much about the future, we must appeal to models invoking simplicity when investing; but don't make things so simple that they become simplistic -- and wrong.
Judging individual stocks based on their PEG ratios is one instance of simple models becoming simplistic and wrong.
You cannot expect the stock market to run in your favor. It will take its own course depending on the market conditions and it is up to you to follow the course. If you do not follow, losses are certain and if you follow, you can make big gains in no time. Day Trading Trends
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