And they dont like to follow the rules. I dont blame them i was a rambunctious kid myself when i started managing my own money. I didnt know the rules at first. And when i learned them, i spurned them because i didnt believe they could help or they cut off my upside. Even if they cushioned the inevitable downside. The rules kept me from making a huge amount of money when things were going gang busters to keep me from losing big money when things went badly. The house of pain the rules im discussing tonight keep you in the game, even when things are tough and you make those mistakes. [ buzzer ] the rules protect you against your own bad judgment about whats going on in the companies you own or whatever is happening in the market overall. But if youre going to make money using stocks because you just cant get much of a return anywhere else these days, thats pretty much the case, youre going to have to work harder with your money to do so and that requires discipline discipline because on
Given that i base almost all of my work on fundamental factors related to the companies i study and not the shape of their charts, the off the charts segment is for my traditional stock picki methods its proven to get a i lot of people involved. Not for a minute as i explain and get rich carefully where i devote a whole chapter to charting have i become a chartist i still single out stocks to study the fundamentals, the research, the annuals, and i overlay them on my broader world view at the moment charters could care less about this stuff they often dont care what the company does i wonder if they can do their jobs with the companys names blacked out. In fact im sure they can. Some of them hate the distraction for fear it would bias them against the stocks chart. You imagine . Ive become pretty proficient at charting over the years, but i still rely on the work of technicians and to learn techniques i can in turn teach you. Thats why tonight i am picking the best of the best charts o
Admonished, and they dont like to follow the rules. I dont blame them i was a ram bing shoubunctious f but when i learned the rules i spurned them because i didnt believe they could help or because they cut off my upside, even if they cushioned the inevitable downside. In other words, the rules kept me from making a huge amount of money to keep me from losing big money when things went badly the house of pain the rules im discussing tonight keep you in the game, even when things are tough and you make those mistakes. [ buzzer ] the rules protect your own bad judgment about whats going on in the companies you own or whatever is happening in the market overall but if youre going to make money using stocks because you cant just get much of a return anywhere else these days, thats pretty much the case, youre going to have to work harder with your money to do so and that requires discipline discipline because once you start buying and selling stocks, you can make more mistakes than if you j
Overvalued is the market extremely dangerous . On a day when the dow lost 205 points, the s p sank 1. 45 , the nasdaq tumbled 1. 3 . The worst day for all three averages since may the second worst day overall this year for the s p, its worth wondering whether the endless parade of incredibly Bearish Hedge Fund managers are right when they say that weve gotten too greedy and too complacent after all, every few weeks some oldtimer comes on air and yells, fire in the theater and today the theater did get seared 200 points is not an inferno, okay but its searing again, look, these statements about the market being too high roll off the tongue too easily i can say it all the time. The bears were sure right today, right . They could be right again tomorrow that doesnt mean they could be right over the intermediate term that i like to think about im no more comfortable with the nuclear icbm armed north korea than you are and im not a big fan of appeasement. But i like Nuclear War Even less, w
Showing the potential next big move on stocks the off the chart segment is antithreat call and theoretical to my methods. But i know from your feedback that youre interested in this analysis, and its proven itself time and time again. Not for a minute as i explained in my book where i devote a whole chapter to charting have i become a chartist. I single out stocks to each about, and i overlay them on my broader world view at the moment chartists could care less about this stuff they often dont even care what the company does i wonder if they could do their jobs with the companys names blacked out. Now, ive become proficient at charting over the years, but i rely on the work of individual technicians to learn techniques that i can in turn teach you thats why tonight im picking the best of the best charts of some of the best technicians we have worked with, exploring the patterns reliable, to where im astonished how accurate they can be you know what . Thats why ive started nearly every