Revisit Two Charts You Can Trust
Two charts that are very clear as to what the investor can expect and trust. You can trust these charts just as much as you can bet that Bruce Willis will never get killed off in a Die Hard movie, ever!
These two charts have been posted recently, here is an update showing that the markets are at a critical point. More selling will be very serious. Those that have access to RTT Market Timer have the best tool on the wed to judge the current market correction (which is only 5% so far...a nothing).
A special favorite, notice the break of the 1x1 Gann angle. It better bounce!
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And the Risk On or Risk Off Cycle, shows there is plenty of room to the downside.
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Investing Quote...
...“After spending many years in Wall Street and after making and losing millions of dollars, I want to tell you this: It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!”...
Jesse Livermore
.."The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."..
George Soros
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...
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