Anytime you're ready to talk serious about what the market really is and does, feel free.
H&S patterns are about 60% accurate. If that gives you better probability for a buy and you make money, then it would be foolish to argue. If that gives you better probability for a buy and you lose money, it would be foolish to argue. Numbers, data; there's no opinion. But I don't expect you to understand that at all so go smoke some more hopium and go "pick some stocks." Make sure you really study those P/E's because the MM's want you to fell better when you get lucky.
is this your best come back for the hilarious comment you made? You don't really have anything to back it up? Or some crazy outlandish thought and sentence like a madman? I thought the Mayan calender is def. gonna be showing up like, buy gold world is going to end on Friday or something. Btw, 60% accurate where did u get that number of stats? Did you built ur own datawarehouse to get that data? So lets for laughs and giggle say 60% is correct. I guess I am suppose to feel better about it now. Hm...according to geometric dist. I don't though.
Btw did u just speculate on that 60% success using past data with 2 head, a hand and a leg? That's a lot of speculating you know.
I will give you a tip, you will lose a lot of money before you start making any. Most people quit before that happens. This is almost a fundamental law of human nature, if you cannot accept this, do not begin.
Not true. I started last May with 2 stocks, watched the stocks get pummeled but stayed with them, bought a few what I considered good companies in F, GE, COP, WM and PEP in the fall of last year when the stock market was down big and watched them raise in price throughout the year. Currently +13%.
If I had a recommendation right now I'd look utility companies who in general haven't had a great year, YUM hasn't done great this year and is down quite a bit with a lot of growth ahead of it, or something like WM which pays a nice dividend in a steady industry. My biggest holding is F which I've added to when it's dipped down to $9 or $10, currently at $11.86.
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