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Secular Bull & Bear Markets in Stocks & Commodities.

Date Submitted: 09/10/2006 02:16:45
Category: / Literature
Length: 16 pages (4309 words)
Academics teach us that we can't time the market. Price movements are random (Random Walk Theory), all known information is priced into a stock (Efficient Market Hypothesis), etc. The problem with the theories they teach in school is that they all assume that investors are rational. I don't buy that for a second. I've been trading for eight years and been a very astute student of the market for the last few, and I still …
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