For that matter, if you make a habit of selling whenever you feel the market's risk has gone up, you will wind up selling your best stocks way too early. (tsinetwork.ca)
We buy stocks the way we buy everything else — we buy more when they are on sale and less when they are insanely overpriced. (plantingmoneyseeds.com)
You just won't end up with a lot of high growth stocks this way and high growth stocks tend to get popular at some stage in a bull market. (gannononinvesting.com)