Forex Fortunate 5%
” Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
Tag Archives: quot
Lies, (Darn) Lies and Government Statistics
I think the actual quote goes something like “Lies, Damned Lies, and Statistics”; however, my personal feeling is that government statistics are absolutely the worst. Today, I want to talk about some of the government’s economic statistics they use to tell us how the country is doing.
Why Technical Analysis Beats Out Fundamental Analysis
Well, let me begin my answer with a quote from a national financial magazine dated October 1977. “Over the last few years, the Wave Principle has gathered too much of a following and, therefore, it has less value today. Almost invariably, you can write off a technique when it gets…