Broad Market update - Too Many Dummies are Getting Rich...

[Geaux4it]

Broad Market update - Too Many Dummies are Getting Rich... | Clive Maund | Safehaven.com

The fat lady is warming up. Get a load of these charts....

S&P 500 and DOW will have the sink rate of a hot rock sooner than later

-Geaux

 

[editec]

Here's what we know...every prediction about the market has a 33% chance of being right.

It's either going up, going down or staying the same.

Now if you believe the market is on the and up, then listening to financial advisors probably makes sense.

I'm of the opinion that if the market isn't manipulated then nobody can really know nuttin'.

I think trend lines and quant analysis is largely bullshit when it comes to market timing.

But out of the thousands and thousands of people who predict market timing?

Some of them are going to get it right..some of them get it right a lot, and some of them get it right so much that it SEEMS LIKE they can predict the future.

Beware the BLACK SWAN