The market is definitely random. This means it is not random for a good trader because random events have predictable performance over time. I'm working on a new strat to apply this.
To correct ur statement, "the market is definately not random" If u dont know ur just better off staying quiet.
Anything can happen but there are more or less probable outcomes. Short cycles can be manipulated but not large ones. Probably not at least. So over longer timeframes the future is already known...somewhere i suppose.
Regarding the theory "the market is random", if you've been reading my forecasts these past few days since the top of the market, the market has been predictable, and I've been able to make a lot of additional money. Aside from the predictableness of these past few days, the market seems a bit random and risky if one chooses to sell, then repurchase at a lower price. At which case, a buy and hold strategy during a bull market (not a bear market) is effective.
Therefore there is repetitive ( market ) price behavior on every market day. Keep it to yourself. Most people may not see that.
Speres - the market is random in the long term is what I stated. In the short term, it's anyone guess. Sometimes, news and earnings don't even move the market. If you want to continue to believe it is not random long term, go right ahead.
I cant even begin to count the number of times CRGARCIA has posted the same monotonous "no can do" philosophy on consistent, profitable trading. What are we at?....#300 and something? Dude, give it a break !!