We suggest that appears this kind of result mainly is because our country stock market is not very mature, securities supervising has limited the company market timing ability greatly.

本文认为出现这种结果主要是由于我国证券市场还很不成熟，证券监管大大限制了公司市场时机选择的能力。

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Because of differences in goals, methods and timing, these state capital joint stock companies had a far from consistent effect on socioeconomic life.

由于目的、方式及时期的不同，这些国家资本股份制企业在社会经济生活中发挥的作用也并非一致。

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In addition, stock selection ability is markedly inversely related to market timing ability.

此外，选股能力和择时能力之间存在强烈的负相关性。

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John now discusses them in his latest book, Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools, published this month by Wiley.

FORBES: The Most Powerful Pivot Level

Besides proper stock selection and timing, handling losses is the most important part of risk management.

FORBES: How To Manage Risk In This Market

His approach to stock selection and timing is heavily influenced by macro developments.

FORBES: Magazine Article