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I am by no means an expert but here are my thoughts based on my experiences in the field. (a) In my opinion, Technical analysis is just B/S and keeps people bu
by qCOVET 11y ago
I am by no means an expert but here are my thoughts based on my experiences in the field.
(a) In my opinion, Technical analysis is just B/S and keeps people busy thinking that they can draw lines all over the chart and predict the market movements by looking at moving averages or formations such as 'head and shoulders'.
(b) Fundamental analysis works long term but the market is irrational. Also the analysis doesn't include black swans (Nassim Taleb)
(c) What am I looking at right now:
I am interested in super cheap ETFs or ETNs that people start to ignore or short to the point of death. Ex. UWTI. I am assuming that at some point, the short positions need to be filled again and when general public starts to ignore them, that is when the big players move in and collect it all for cheap.