Thanks for sharing the technical charting sites Eric. Interesting stuff. I'd actually like to see a freshman newbie versus seasoned analyst performance graph. Here's why.
A few years ago, having no knowledge whatsoever, we began trading stocks. It was great fun and we made money. We basically followed the "gee, it's so low, let's buy it" philosophy. This would somewhat pattern the notorious dart board method of stock picking. Now, having graduated to around Stock Market 201, the results have been less impressive.
In my behavioral science class, they called it Squaring the Parameter of Light. (The more you know, the more there is to know.)
Still, having traveled this far forward there is no turning back. Now left only with blissful memories of beginner's luck.
Sunday Morning Reflections,
Thanks again for the sites, enjoy the cold beverage,
Jim |