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Strategies & Market Trends : Waiting for the big Kahuna

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To: Robert Graham who wrote (37990)3/6/1999 11:09:00 AM
From: HairBall  Read Replies (1) of 94695
 
Robert Graham: Actually I think predicting where the market is going is a fool's game. This is particularly true for the longer term. We are here to make money. You do not need to be able to *predict* price action in order to profit from it. Trading on expectations is a different matter.

After reading your lengthy response to Donald, my initial response to you, is welcome aboard the ship of fools...<g>

By the way, if one has no clue as to Market Direction, why would one invest in the Market?

And secondly, in my book what you see on this thread and others like it are expectations not predictions. But heck, there is only a fine line between, the two anyway!

Good trading…

BWDIK
Regards,
LG
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