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kiy

Followers 53
Posts 16175
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Alias Born 08/19/2010

kiy

Re: handsdo post# 18124

Thursday, 11/16/2017 8:46:17 PM

Thursday, November 16, 2017 8:46:17 PM

Post# of 19859
Nothing to it...the Stock Market doesn't reflect the real world...the companies have accounting regulations...they will do what they are supposed to do (most of the time)...stock market or not...

If someone tried to get me to explain fundamental analysis I couldn't. When the brokerCROOKS come out with their price targets; they are making more assumptions about a company's valuation than I will ever do when talking about technicals and how to anticipate moves out of overbought or oversold...

The Stock Market is a Casino...it feeds on news/HYPE and crowd behavior...some companies get a 15 price to earnings...some get a 25 P/E...and then there's TSLA that has no earnings and has a very inflated price...all you really can do is trade the technicals...

I can't explain why Silver is so cheap...but I can tell you if its making a turn in oversold or I can tell you if it is trending...

I tell everyone to leave BitCoin alone until Banks become willing to use BitCoin...a major bull market doesn't mean its not hype...not pure speculation...or not a bubble; it just means take some profits along the way and wait for it to get oversold and re-load your position. technical indicators will define oversold overbought...buy low sell high...
Enjoy...

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