Courtesy of Read the Ticker.
After the SP500 smashed through the supporting 1×1 Gann Angle, where are we now?
The SPY is in between the two strong Gann Angles. Whip saw can be expected. A break down through support could be scary.
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Investing Quote…
..“Stocks, like atoms, are really centers of energies.Therefore they are controlled mathematically”….”There is no chance in nature because mathematical principles of the highest order lie at the foundation of all things”..
William D Gann
..”The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”..
George Soros
..”If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks”..
John (Jack) Bogle
..”The stock market is filled with individuals who know the price of everything, but the value of nothing”..
Philip Fisher
…“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”…
Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).
