Markets Purring

The markets are purring upwards as expected and it’s worth remembering how it’s best not to be wedded to a certain opinion of where you think the markets should be.  

The only way to read the market is to be objective and use a well-proven logical method that explains price movement.  

Opinions are for TV shows, ego and drama.  They won’t make you money.  

Look at the world and you’ll see a whole heap of trouble … but that has always been the case and yet the market still does what it wants to do.  Right now the markets want to go up as it has done for the large part since 2009.  During which time all the prophets of doom, naysayers, conspiracy theorists have been predicting imminent armageddon.  

Similar to the Gold bugs who’ve been dollar-cost-averaging Gold for the last three years as they’ve continued to buy it even as it’s spiralled down by 40%. 

Opinions in the market will cost you big time.  Having a strategy based in logic and empirical integrity will make you money in the long term. 

 

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