Stock Market Predictions for 2009
This is Guaranteed to be the Most Accurate Stock Market Prediction You'll Find Anywhere
Stock market Predictions are made here without the use of Stock Market prediction Software
They're out there...
The professional experts with the latest stock market predictions.
Whether they've ever gotten it right before or not, there they go again - attempting to predict
the movement of the stock market, or predicting the future of the economy, or predicting the direction of the
housing market.
Many of them use technical analysis, or fundamental analysis,
or a combination of both. Many of them also use sophisticated and powerful stock market prediction
software to do the forecasting.
But how many get it right?
What I can never understand is how they keep coming back with more market predictions, even when
they're proven wrong so many times! Have they no shame, no humility?
And yet, many unsuspecting investors follow along with the pundits' projections and predictions
like little lambs - lambs to the slaughter house that is!
The Truth About Stock Market Predictions
There is one fundamental truth that everyone should understand...
...and that is that NOBODY can even predict the direction of the next TICK, let alone the
movement of the markets over time.
Fundamental Analysis
The problem with using fundamental analysis in isolation is that the world (and especially the
world of the stock market) is an imperfect place. You can have the most excellent fundamentals for any given stock,
and yet its price can move in the opposite direction than expected based on the fundamentals alone.
Why is that?
It's because there is a lot more going on behind the markets than the pure fundamentals. There
are powerful people with very large investment funds. Do you think these people are trading like you are? If you
think they are buying at the same time as you, you are sadly mistaken. And when you're thinking about selling, they
were out long ago.
Who made money? The big boys.
Who lost money? You did.
Sorry, but while you were working on studying the fundamentals, the big boys were already in the
market, waiting for you to come along. Here comes another lamb.
Technical Analysis
I have a lot to say about technical analysis of the stock markets, or any market for that
matter. However, this is not the place for that. The very premise that a price is going to move because it is in
some kind of [often barely recognizable, and usually seen differently by different people] pattern or because some
algorithm is applied to past prices is, well - think about it. Does it sound logical to you?
But I hear you saying "Technical Analysis does work - I've seen prices move when the stochastic
or the [insert any other indicator name here] turned".
My answer is: Sure it works - when it works!
The problem with technical analysis is that it's not reliable. If you've done a lot of trading
using indicators, support and resistance, trend lines, patterns, etc., you know what I mean. Did you make money
using these? I already know your answer: "Sometimes". Another lamb showed up at the slaughterhouse.
So Here's My Stock Market Prediction For 2010
Prices will go wherever they want to.
"Oh, great", you say. "What use is that to me?"
Here's the Secret...
Don't try to predict the movement of the markets.
Instead, learn to read charts. Everything you need to
know is already built right into a simple price chart. All the fundamental data. All the market sentiment. Even the
predictions.
Stock Market Predictions are for the Media-Hungry "Experts"
- Not for Serious Investors or Traders
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