No prediction, just technical probabilities. The very experienced technician Louise Yamada follows what experienced technicians Ralph Alcampora and Bert Doeman interpretating a sustain US market bull, Treasury yields rising and how gold can turn.
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You can read more about Kyith here.
- We Need to Be Better Than This. - May 26, 2023
- Tearing Down the 8.6% Dividend Yielding Allianz GI Income and Growth Fund. - May 24, 2023
- My Money Wisdom Interview with Providend – The Value of Advice - May 22, 2023
Ser Jing
Wednesday 7th of August 2013
http://finance.yahoo.com/blogs/breakout/buyer-beware-weekly-sell-signals-threaten-rally-says-133058130.html
Eh? She just came out with a 'mixed, or even downright bearish' outlook in May 2013. Bull-bear flip in just 3 months??
Kyith
Wednesday 7th of August 2013
You have to understand it is a prediction of probabilities. What she indicate was right on. She came up with some very fundamental directions that it could take and what check marks that we can look to for indication.
Its like value investing. you use historical checkmarks. If tomorrow there is a fraud and then you sell, are you flip flopping?
No! you are basing on how much knowledge you can secure. And at times your risk management is limited.
The perspective of the 10 -20 year chart 3 months ago and now are very different.It is an important inflexion point.
but of course the deep value investors will say they are flip flopping their arcane art.