A high share price doesn't mean it won't go higher, while a falling share price doesn't mean it won't go down deeper. I never buy a stock when it's falling down, and I never sellwhen it'srisingup.

Ignore the market insiders, they are just cheerleaders of the company; only throughyour own experiences andresearchescan you make money

I never pay attention to the actions taken by the market insiders, the directors and the managementpeople. People in the inner circle often have a very poor judgment on their own stocks. They know too much and they are too close to see their shortcomings. Most of the important senior executives are ignorant aboutthe stock market. Especially, they don’tunderstand the technical indicators and collective action characteristics of the stock market. They are reluctant to admit that the stock market is different from the business they run. In other words, you mightbe a wireless broadcasteror car expert, or a steelmaker, but you still don't know anything about stock trading, especially in a volatile stock market. The chief executives of most companies are not different from cheerleaders. He must reassure shareholders again and again that everything is fine. If the performance fallsdown, he will tell shareholders that the decline is a minor problem caused by a temporary problem. If the profit figures falldown, he will assure shareholders that the company has takenactions,and have a perfect planto revive the profitability.So there is nothing to worry about.