2manyirons
New member
Following the charts, is like driving a car forward, while looking in the rear view mirror. And the 20, 50, and 200-day
day EMA’s have little to do with what going to happen tomorrow or next week.
With a lot of you guys, I think following the charts, is more of a hobby than any thing else. Don't get me wrong, I know you are following past trends, and that has helped a little in the past. But, the effects of the unpredictable news is 99.9% of what is going to happen to the markets, not what has happen in the past when the market was at this point or at a similar trend. Anyone disagree?
Expert predictions are all over the place. I have made my share of big boo-boos, and it's no one fault but my own. I just don't see a predicable trend and the uncertain is killing me. That's why, if the S has an up day this coming week, (Monday I hope), I'm going all G. My nerves can't take much more.
day EMA’s have little to do with what going to happen tomorrow or next week.
With a lot of you guys, I think following the charts, is more of a hobby than any thing else. Don't get me wrong, I know you are following past trends, and that has helped a little in the past. But, the effects of the unpredictable news is 99.9% of what is going to happen to the markets, not what has happen in the past when the market was at this point or at a similar trend. Anyone disagree?
Expert predictions are all over the place. I have made my share of big boo-boos, and it's no one fault but my own. I just don't see a predicable trend and the uncertain is killing me. That's why, if the S has an up day this coming week, (Monday I hope), I'm going all G. My nerves can't take much more.
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