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related to the companies i study and not the shape of their charts the off the chart segment is both ant thet cal to my traditional stock picking methods. i know from your feedback on twitter that you re interested in this annual sills and it s proven itself time and time again to get a lot of people involved at the right levels. not for me as i explain and get rich carefully where i deaf vote a whole chapter to charting have i become a chartist myself. i single out stocks to research and i overlay them on my broader world view at the moment. chartists could care less about this stuff, they often don t care what the company does. i wonder if they could do their jobs with the companies names blacked out. in fact, i am sure they could. some of them hate the distraction of knowing much at all about a company for fear it would bias them against the stocks chart. now, i have become pretty proficient at charting over the years but i rely on the work of professionals to learn ....
that was easy. at one point today when the indices broke down, i heard a collective sigh. and i was pretty shocked that i didn t get hit by a white flag of surrender after i walked down wall street after the show. but the facts refused to align with negative story. i think today was one of those times. as we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. the dow closing up two points. the nasdaq declining 2.4%. first, let s deal with the negativity. it s coming from four different directions. sell sell sell sell. sell sell sell sell. worry number one, china s falling apart. no matter that it s been falling apart for ages or the chinese stock market is not creating wealth, many can t handle the stress of waiting for the other chinese shoe to drop after monday s break down. suffice it to say there s big trouble in big china. negative number two, the fed has gone from friend to foe. there s a narrative out there right now, no ....
you re interested in this annual sills and it s proven itself time and time again to get a lot of people involved at the right levels. not for me as i explain and get rich carefully where i deaf vote a whole chapter to charting have i become a chartist myself. i single out stocks to research and i overlay them on my broader world view at the moment. chartists could care less about this stuff, they often don t care what the company does. i wonder if they could do their jobs with the companies names blacked out. in fact, i am sure they could. some of them hate the distraction of knowing much at all about a company for fear it would bias them against the stocks chart. now, i have become pretty proficient at charting over the years but i rely on the work of professionals to learn techniques that i can in turn teach you. that s why tonight i am picking the best of the best charts of some of the best technicians we patterns that become reliable to the point where i m pretty a ....
even when things are tough and you make those mistakes. the rules protect against your own bad judgment. if you re going to make money using stocks because you just can t get much of return anywhere else these days, that s pretty much the case, you re doing to have to work harder with your money to do so. and that requires discipline. discipline because once you start buying and selling stococ, you can make more mistakes than if you just do nothing with your money. if you do nothing with your money, you have a whole lot of nothing to show for it. that s why we re doing a show on how to trade and invest responsibly to make your money work for you. how to tend it, how to make it grow, what kind of gardners of money tonight, how to keep it growing from active money management. it s a sin and a lot of you practice it. i want you to do it right. before we dig into the ways to hands on about it, i want to delve into a little psychology of stock ownership. one question i m ask ....
their faves. that s what s happening rights now with the dow gaining 168 points, nasdaq climbing .93% today. why the sudden love for the market? first, it s december and december, we get what i used to call the old hedge fund the era of good feelings that s when you get a tacit deal between major investment firm research departments and large institutional shareholders. it s kind of like the deal my grandmother mary told me. if you don t have anything nice to say, don t say it! except it applies to stocks, not people. simply put, the analysts understand that it isn t worth rocking the boat and downgrading stocks at the end of the year when it could hurt the very accounts of the hedge funds and mutual funds that their firms cover. what s the point of knocking down a stock now when it might damage the annual performance of the big bill payers? so if the analysts don t have up and save it for january. the corollary is true, too. the rule of december is that if you have ....