The take-away is to avoid market timing.
股灾的教训是别指望靠市场时机选择赚钱
Let's move to the second point: market timing.
接下来我们讲第二点，市场时机选择。
Market timing is a giant game of scissors, paper, stone.
市场时机的选择就是一场庞大的“剪刀、石头、布”游戏。
Determine the best market timing to release products.
确定发布产品的最佳市场时机。
If your goal is to buy low and sell high, you are market timing.
如果你的目标是低买高卖，那么你就是择时交易者。
Market size and timing are everything!
市场规模和时机就是一切！
So they have less market acumen, less hunger and face a difficult timing.
他们缺乏一定的市场灵敏度，缺少渴望并且也面临着一个相当困难的时期。
Ordinary U.S. investors, on average, aren't timing this market too well.
一般来说，普通美国投资者没有太好地把握黄金市场时机。
Either the timing is off, the market is down, or there's too much competition.
无论是时间结束，市场下跌，还是竞争太激烈。
Ordinary U. S. investors, on average, aren't timing this market too well.
一般来说，普通美国投资者没有太好地把握黄金市场时机。
It is the ultimate market-timing strategy.
它是一个终极市场时机把握策略。
It is the ultimate market-timing strategy.
它是一个终极市场时机把握策略。
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