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Friday, April 26, 2024

SP500 Wyckoff Review

Courtesy of Read the Ticker.


sp500-wyckoff-reviewReview of the SP500, pre Oct 2015, fire fighting the technical damage.



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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”Your goals are to select only stocks that move soonest, fastest and farthest in bull or bear markets. Limited losses and let profits run.”..



Richard D Wyckoff





..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..



Bernard Baruch





…“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).





..”It’s easier to fool people, than to convince them they have been fooled”..



Mark Twain





..”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









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