1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
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Jan
09
2006
Do You Buy the Doom & Gloom for 2006? No!

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

Question:

HI most of what read is the market going down , some of the reports siad a -10% ,,, can you comment?

My Response:

Which reports are you reading? Are these projections for 2006?  I won’t ever make predictions for an entire year because nobody really knows.  But based on price and volume movement in the first few trading days of January, I think the market is going to do very well for at least the next couple months.  I’ve posted a new market report at the blog if you’d like to have a look (http://investing.typepad.com).  While I won’t make a definitive projection for ’06, I would be shocked if the market is down 10% for the year.  I do think that we will have a better year this year than last, but we’ll see!

Filed under Mail Bag by Tate Dwinnell

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