This (the skill of guessing ) is the same thing as what you have criticized, right? Everyone is guessing, or expecting ...
I think the most important thing is to understa ...
not4weak 发表于 2010-12-3 16:21
No, what I criticized is not guessing, but asking "why". One should only care about WHAT the market is doing, and WHAT it will do, not WHY. Because the WHY is always after the fact, after everyone in the market has realized it, except perhaps insider trading.
No. Actually there are more times that the majority is correct. They are only wrong during market trend changes. Hence, market trending time is much longer than market trend turning time. BTW, good discussion with you.