“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday, 12 August 2014

11 Aug 2014

The ST has turned UP and price have decisively moved higher breaking some moving averages.  The move up in my mind is suspect though, but we should still follow the sentiments.  Not following the sentiments will inevitably keep you on a losing trend as speculation will always lose out.  Let us watch for a turn now to see if the ST has given a late or false signal.  No signal is ever false of course just lagging, and it is more evident in volatility of prices.

MT: DOWN
ST: UP
PA: DOWN



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