Forget About Predicting The Big One
Forecasting the stock market’s price swings accurately is just a cheap parlor trick, as we often like to remind subscribers. For the most part, and notwithstanding the diligent efforts of Wall Street’s Masters of the Universe to manipulate shares to their advantage, we see technical evidence each day that suggests that stocks and commodities are ruled by a sort of cosmic metronome. If you’re skeptical, we would urge you to visit the Rick’s Picks chat room sometime and see for yourself that predicting the exact highs and lows of minor trends has become a matter of routine for many of the technically trained ninjas who frequent the room.(…)
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Rick’s Picks is a trading newsletter for stock, gold, silver and mini-indexes. All trades are based on the proprietary Hidden Pivot technical analysis method.
© Rick Ackerman and www.rickackerman.com, 2013. |
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Source: http://www.rickackerman.com/2013/06/forget-about-predicting-the-big-one/
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