And the Big Tease continues. Last night, the futures were red, and herein lies the stress factor for traders who try to read the mind of God and Wall Street and make "smart" (read dumb) moves based on technicals. It's just too hard.
If instead you align with the life forces of the winning prices that best represent the wide, deep progressive forces of civilization, you will stand invincible. You will be above and beyond the manipulations and the tricks and the traps.
What do I mean align with the life forces of winning prices? I mean buy those assets where the price is on the upper side of a moving average (turning up or up-sloping) to which you are committed as a trader/investor--whether it's the 20-day ma or the 200-day ma.
What do I mean by the wide, deep progressive forces of civilization? I mean those stocks or indices which represent companies or industries that are big or will almost certainly become bigger. Put together all the clues that would tell you this is a winning force, this is bigger than any government, this is history unfolding, this represents a tidal wave of money over the next 20 years, and it's unstoppable. None of this is perfectly knowable but there are clues. I will repeat and clarify some of this in my reply to Y2Kate.
Ted
Strip price to the barest data that tells us BUY, HOLD, or SELL.
