Whether it is nobler in the minds of ... O.K. lets give Shakespeare a rest and get down to reality.
Inflation or recession, what if I told you it doesn't matter?
In the next twelve to eighteen months there are going to be some amazing opportunities in the markets thanks to the upcoming economic climate. The opportunities I want to talk about today will only be available for those who are prepared to take advantage of a very special time in history.
DOES HISTORY RING A BELL AT THE TOP OF A MARKET?
No way! So how do you figure out when the tide has turned for the economy and we are headed towards a recession or huge inflationary pressures.
Unfortunately, you don't receive a personal email from Fed Chairman Bernanke giving you a private warning that the market is going to hit the fan.
So how do you know, how do you prepare yourself?
Here's how the two camps analyize the markets.
There are two camps that most traders fall into when the question of market analysis comes up. Either they are fundamentalists or they are technicians.
At this point I have to admit I am a market technician and I am proud of it.
The fundamentals are usually well known to most investors. What isn't known is how much of the known fundaments are priced into the market. Now that's the major dilemma facing most fundamentalists. When is it time to get out ... exit the market, head for the hills?
A technician on the other hand relies on price action to determine his views. The price action of any market is the biggest single most important indicator in any market technicians toolbox.
Market action is the sum total of all the greatest money managers in the world. What could be better than that ... having thousands of these great traders and investors around the world contributing to and working for you and your bottom line. Using technical analysis gives you this and a whole lot more. Is it perfect? NO, it isn't perfect but using the right tools, filters and a disciplined approach it will consistently out perform most other market approaches.
If nothing else technical analysis can prepare you for the future with confidence. To see what I mean take a look at this video on technical analysis and our "Trade Triangle" approach.
Cheers,
Adam
P.S. Be sure to vote in our latest poll "Inflation or Recession that is the Question"
