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Thursday, September 10, 2009

Fresh from Phil's Stock World

Playing the Patterns

I know you don’t want to hear this. You don’t want to believe that the markets are being manipulated and you don’t want to think you can’t rely on your charts or numbers you read in the papers (or the articles for that matter) as it might prove that you have as little ability to predict the markets as a soap-opera viewer had of predicting who will be the next character to have an affair. Like a soap-opera, the stock market is written for television, has a regular cast of writers (the MSM) and makes little sense to people who come in late to the game.

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