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Economic and financial prediction are more than analyzing charts, obviously.
Sep 15 10:34 am
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All Comments by carey_jim »The 'Sage of the Dow' is Also Confused [View article]
Also, after long lives, some people can be judged lucky and some very, very lucky. Richard Russell is probably among the latter. And, as Russell would be the first to point out, everything tends back to the mean.
Most of us don't win lotteries of any kind however and must rely on our intelligence and good sense to make money in markets. Studying charts only, to predict the future course of markets, isn't sensible.