Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (8368)	11/12/2005 11:05:37 AM
From: c-hl	Read Replies (2) of 12411

The spiral never predict where the market should go. It just gives where you should long or short. It is a great tool, but I find you should not think too much if you use it. It hurts ur judgement. As happened in Aug. when the down spiral had a vertical level at 1120, I said there was no way that SPX would go there. The reason was very simple, that kind of drop would mean bear market. The simpliest reason ususally is more covincing than anything else. I am not good at fundamental analysis, so I can not bet anything for long term. Usually seasonality, cycles, momentum should be good enough for u to make judgement. Another one is what NYTT has been talking about, chart pattern comparison.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next