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Don't want to step on Mark's toes here as I'm sure he'll have a response himself but IMHO I wouldn't necessarily always describe a share that has fallen in price as 'a loser'. It may be a 'loser' but more likely it depends on the Fundamentals of the stock? Depending on this it may indeed be a...

Buy at the low of the market(property or shares) and Sell at the.........weeeelll..........at least Buy at the low of the market.........certainly gives you minimal downside. Sell if you like. This is certainly pretty obvious advice to maximise profit but to do this in practice is often MUCH...

With regards to the above comments about war and the resultant sharemarket movements; I read a couple of interesting articles in the last few days which may be of interest. The first by Annette Sampson entitled "History doesn't always repeat" also had a great little quote from Warren Buffet...