Please read this http://www.bloomberg.com/apps/
news?pid=20601087&sid=a_.8H0oQOemI&refer=home
It refers to people's frustrations after losses in the stock market. Unfortunately, stocks are often seen as gambling vehicles instead of businesses.
Unless you are trading with a set discipline and proven results, find a few companies you like, research, and when the price is right - buy! After that just follow the companies progress, irrespective of price, because ultimately it is a lagging indicator. And you sell when they cannot grow anymore, like GM, or the price is wildly overvalued.
Granted if you view it as a business, you are betting on the company, but in the end gambling is short term in nature and businesses are long term, because it just takes time to succeed. Look at GM, it would have been a wonderful 45 year bet.
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