Tuesday, March 24, 2009
GURU's CARPET BOMB INVESTORS WITH INFORMATION OVERLOADS
Oh here we are again. "ITS A RALLY" ; "ITS ONLY A BEAR MARKET RALLY, xxxxxxxxxx DONT GET SUCKED IN" ; xxxxxxxxxxx "IT'S A BULL MARKET IN BEAR'S CLOTHING" ; xxxxxxxxxxxx "THE RALLY WONT CORRECT" ; xxxxxxxxxx "THE RALLY IS GOING TO CORRECT".
Honestly folks, how much of this can anyone take before emotional exhaustion. ? ? ? The CHICKEN LITTLES are screaming "THE SKY IS FALLING", Bernacke is trying to sound like a FREE-MARKETEER, and the OBAMA Team has finally figured out how to use the PPT.
So what are investors with a wit of sanity left, to do ?
STAY ON THE CORRECT SIDE OF THE INTERMEDIATE TREND ! ! ! PERIOD.
HOW CAN ONE HOPE TO DO THAT ?
USE THE MACD SIGNALS FROM THE CHART AT THE TOP OF THIS PAGE TO POSITION YOUR MOVES AND EXECUTIONS. Accept the fact that you will suffer at times, after all investing is a RISK-BEARING proposition.
Use this link to access the free charts at www.stockcharts.com
Feel free to hate me for saying so, but no one said this would be easy.
My best advice is to study MACD behavior, and work from there. At least you only have one factor to cope with, not umpteen GURU's each with a differing opiniion WHY. The MACD does NOT care WHY, it digests what everyone has discounted to-date and quantifies it in an understandable graphic form. Use wisely, your results will vary.
In the end, you wont know WHY either, but if PROFITS are more important than knowing WHY, you might want to look at the MACD.
GOOD LUCK ALL