User 86999

Thursday Outlook: Commodities, Emerging Markets

Bob, TA works off of trends indicating entry and exit points. You don't PREDICT the market as such. It works MOST of the time, but not all the time. Did you notice the word "trap" in some charts from David? You watch out for those and liquidate your investment with minor losses/gains while you still have time. The TA works in charts that have a fair degree of stability to indicate trends. It also depends on the market volatility. In times like now, you're either hyper alert with your finger constantly hovering over the button, or you stay out until the storm settles down. Did you notice David saying he was about 75% cash in this market?