Stock Market Video Analysis 12/29/12
The last couple of weeks of December are typically quite bullish, but markets don’t always do what they are “supposed to do.” We can gain an edge by studying historical patterns but when it comes to making a trade we need confirmation from the price action before putting our money at risk. Historical tendencies, moving averages, PE ratios, etc. can all provide us with an edge but that edge is considerably dulled and ineffective if we do not get price confirmation of our theory from price action. Only Price Pays!!