How can you profit from the stock market?

How can you profit from the stock market?
The first rule is "buy low and sell high". While it may sound simple, the key is to do the opposite of what the majority is doint. This is called being a "contrarian". When everyone at the golf course, bridge club and grocery store are talking about all the money that they're making in the stock market, that is the time to sell your holdings. The old joke used to be to sell when your taxi driver gives you tips on buying stocks. The opposite side of the coin is to be a buyer when no one else wants to own the stocks. Any "bear market" that scares people out of the market and forces stock prices down dramatically typically creates a unique buying opportunity because of fallen prices. As a point in fact, General Electric used to command a price of about $60.00 during a strong economy but is now only selling for about $12.00 per share. If you believe that General Electric is one of the strongest companies in the world and that it will recover nicely once the economy gains steam, be a buyer now. Another major rule is to invest for the long term. "It's not timing the market, it's time in the market".