IMO it is impossible to predict WHAT market will do . IMO it is possible to predict WHEN market will do something. Walter
I agree understanding the market is difficult using reason. The charts are your only friends. I am very fond of the RSI indicator. The stochastics work well when going sideways in the 20/80 zones. here's a good example showing what a strong trend looks like. http://share.esignal.com/groupcontents.jsp?folder=&picture=very_good.png&groupid=225 http://share.esignal.com/groupcontents.jsp?folder=&picture=0720spx.png&groupid=225 The attached chart shows the power of the stochastic indicator, IMO ~j