Although I use to ROFL at Dalko43's comment, I don't blame them.
Most of traditional ETF index fund investors who were taught at academic institute (incl GSB or MBA) were brain washed by idiot professor who lacks of math and econometric skills.
I also blame those
"draw a cock eye lines" technical analysis on a chart thinking that is an actual technical analysis. Real technical requires regression and math based on price, time, volume, and other variables to calculate. Drawing cockeye line MAY bring some basic indications to how it might go, but it will not bring accurate metrics.
There are some stocks which depends more on Fundamentals, but there are also stocks which depends more on Technical side.
Dismissing any indicators or analysis on any sort of investment(s) shows their level of investment skills. Moreover, relying on just TA only to invest/trade will bite someone's @ss someday.
Quote:
Originally Posted by Dalko43
So when did this build up phase happen?
When is the market making this "big move?
When did this "2008 low" happen?
Do you actually keep track of which of these predictions come true...or do you just like to spout off BS and see what sticks?
Seriously people, if you are in the market, stay indexed against the total market...if you are out of the market, DON't get in now...wait for a market correction and then buy low.
Just don't listen to this fool and his technical analysis "predictions."
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Quote:
Originally Posted by Myrder
He isn't going to respond to you and quite frankly I'm sad I'm even responding to you. We are all adults here. If we want to post outrageous claims and others want to believe it owell. Everyone here knows you have to do your own research when you put your money in the stock market. Clearly you have a lot of research to do as your questions are elementary.
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