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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: AllansAlias who wrote (28939)9/3/2000 9:00:10 AM
From: donald sew  Read Replies (2) of 42787
 
AllansAlias,

Good post. A common sense approach.

Theres too much talk that the market "WILL" do this or "WILL" do that. especially from the analysts.

Timing/predicting the market is simply a study in probability, and is NEVER 100%. But so many still use words like "WILL" and "MUST", etc.

As I have stated several times, making the big call, as so many do, has no more than 62% probability, at best, of getting it right based on mathematical studies, which is only slightly better than flipping a coin. What I consider a big call is trying to predict a huge price movement more than 2 months out, like the NAZ to set new highs by the end of the year. It doesnt mean that they cant be right, just that the probability of calling it has high risks.

seeya
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