Do you believe you can predict how far a market will go within a given time frame?

Do you believe you can predict how far a market will go within a given time frame?

  • Yes

    Votes: 30 37.5%

  • No

    Votes: 50 62.5%
  • Total voters
    80
Gabfly1, you are not asking the right question :)

First of all, what difference would it make what everyone believes. You should have formulated the question as "Is it possible to predict how far....?"

Even if that was the question, it would still have a very simple answer "NO". Because no one can predict anything.

Think again about the question you want to ask and you may actually get some useful answers :cool:
 
Well, I am predicting that TM will not go above $ 90/sh by the 3rd week of July, and I am doing this with real money by selling the naked calls. This does not mean I am going to be 100% right, but I have enough confidence in this trade, to wager real money.
 
Quote from oraclewizard77:

Well, I am predicting that TM will not go above $ 90/sh by the 3rd week of July, and I am doing this with real money by selling the naked calls. This does not mean I am going to be 100% right, but I have enough confidence in this trade, to wager real money.
More...
Whoever bought your calls predicts, for the same money, the opposite... :)
Prediction has a cost. Somebody mentioned the second derivatives of price and volume... T'inkaboudit! :)
 
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