Bank of America Corp (BAC): Most of the time the market is way ahead...

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Re: Hodaman4u post# 12442

Saturday, 06/23/2012 10:59:16 AM

Saturday, June 23, 2012 10:59:16 AM

Most of the time the market is way ahead of the news. Hence the saying buy the rumor and sell the news. That's why I love technical analysis. You want to know where the price is truly going, just do a comprehensive technical analysis of the chart. Reading the investment news if purely for confirmation and entertainment purposes. I rarely bother with.

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