Quote from wmb:
what! so no one has any frickin clue about anything and the market just moves from newbie idiocy, like me? if that is true than some should be able to capitlize on the prediction of my idiocy and consequently will be promoting the very idiocy they tried to capitilize upon!
Hehe. Remember that both Freud and Twain lost their shirts in the stock market. Here is Twain's take on it:
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The other are July, January, September, April, November, May, March, June, December, August, and February.
- Pudd'nhead Wilson's Calendar
There are two times in a man's life when he should not speculate: when he can't afford it and when he can.
- Following the Equator, Pudd'nhead Wilson's New Calendar
All you need to know is what usually comes after a big white candle and then what usually comes after a big red candle. In the case of the white, its usually a higher price. In the case of the red, its usually a lower price. All those other candles indicate a potential change in direction.
