The news media, traders and investors of financial services, natural resources, precious metals etc. in the international market place continue to amaze me. On a daily basis, when prices of these or other components (sectors) of the market take a slight or significant drop in price, these people in the business of supposedly knowing whats going on, really don’t seem to have a handle on things at all.
Many reports go so far as to predict a severe reversal of the markets on the slightest correction or untimely global news story. Making the reports even more believable to the uneducated investor, illustration charts are included with lines drawn across them from point to point depicting double bottoms, head and shoulder features, MA and MACD parameters etc.
Well if any of this information was worth the time it takes to read it, these media, traders and investment people wouldn’t have lost their shirts during the economic downturn last year. I would suggest to you that they lost big money along with most others invested in the market place at that time.
Stay invested in best performance sectors of the global market place as posted on this web page on a weekly basis…………Happy Trading.
