
The fallacy of valuations
I met a guy at the beginning of the year, who said that his calculations

Buy the issues that in a sense are hard to buy and easy to sell. I am talking about the action of shares in the early stages of a market or during a temporary recession in a clearly up market or just at the point when a market is emerging

Bob Farrell was a seasoned Wall Street veteran, with his career spanning more than five decades making him one of the more respected modern figures in the world of the markets. He is mostly known for his professional roles as the first president of the Chartered Market Technician (CMT) Association

"In the jungle among the money funds, there is only one king" - Dreyfus Funds sloganIt was the 1950's - the Silent Generation and the first baby boomers were in the workforce, and post-war prosperity had brought about a lasting boom to the US economy. The stock market was doing

Hindsight is easy - any person can point at a chart in retrospect, draw two arrows for where you should have bought and sold to make the maximum profit, and pretend to look smart. Real trading happens at the 'right side' of the chart, where new data appears in real





I met a guy at the beginning of the year, who said that his calculations


