Actually, SnP500 is ok- I checked him out via emails prior to me posting his YouTube site. He has convinced me that he does what he does for free, - always will be free, mainly he does it just to help out other traders. He has been trading over 15 years and was helped at some point in those 15 years and decided to do the same for others. The thing I like about him is he does not say - "DOW will hit 11,000 tomorrow"........rather, all he really does is show what levels to watch for and what reactions to watch for (and perhaps trade according to) at those levels.
That was real interesting, but how do they predict the future? What are the ways or methods to do so?
All this can be done with experience observing stock analysis and its performance over the years. Study the market movements, behavior and performance. It is like this. During festive season, the same items costs more than during normal times (seasonality) Likewise, stocks have patterns that have to be discovered or learned. Then, with the help of tools like statistics etc, it is possible to 'predict' the future.
I guess most people have forgotten about Oscar - the King of YouTube trading videos. Just 13 months ago... Emotions are Out!!! Geez, he is still at it - I see he now puts his daily shows on his main web page. As nauseating as ever: http://www.livewithoscar.com
Yeah, Oscar is quite annoying with his "Good morning, good afternoon yah yah" and his "Stops are in yah yah". If he would quit doing that his videos would be halfway tolerable but I can only watch it once in awhile at most. I am still wanting to know why he moved shop to Las Vegas from New York just recently. Sounds like a strange place to setup to me.
This Matt guy in price trend certainly looks like my local weatherman. Wouldn't it be much better if they put a hot chick with big tits?