"Those of us who trade every day of course know empirically that price action is not random at all. In fact all price action breaks into just two classifications – range and trend. What makes price action appear random to an untrained eye is the never ending flow of news that buffets prices much like a beach ball riding an ocean wave...
http://www.stock-
Ian
This week's "Tools of the Trade": http://snipr.
Explicit NON-commercial advisory: Spot-on, advantageous FREE information, products and/or services presented weekly.
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This week's "Tools" topic: We bring you no-cost resources every week - nothing to buy; just free education! This excellent ETF webinar yielded the following testimony, "I thought I would give you a progress report card. April 09: +8.07%; May 09: +6.93%; June 09: +3.14%; July 09: +9.21%; Aug 09: +3.56%; Sept 09: +8.4%; Oct 09: -5.4%; Nov 09: +8.69%; Dec 09: +0.37%; Jan 10: -15.36%; Feb 10: +7.42%; Mar 10: +16.92%. As always, thanks for your support and help." Nuff said.
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