News Focus
News Focus
icon url

market_watcher

03/04/06 2:31 PM

#73614 RE: Burk #73524

Charts are merely a representation of market emotion and are a way of predicting the past for the most part, imo....


I've been using them the wrong way, then! <g>
icon url

POKERSAM

03/05/06 9:58 PM

#73639 RE: Burk #73524

Burk -- Don't mean to butt in but I have been setting here reading this thread and I have a question about something you said.

"However, I don't think we're going to have a huge correction go 1500 like you are saying...there's too much negativity out there....

Charts are merely a representation of market emotion and are a way of predicting the past for the most part, imo...."

These two statements seem to contradict each other.
If there is too much negativity out there and charts are a representation of market emotion then how do you explain everything being at 5yr and all time highs?

POKERSAM