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Post by proforkodak on Sept 11, 2012 12:28:08 GMT -5
It is how dogs recognize other dogs! Have you never understood why males dogs piss on trees?
The LAST price of publicly traded securities is just a marking left by another human.
People who ONLY look at the price of the security, are SNIFFING the poop of others.
Sniffing poop, does NOT tell you what others will CHOOSE to do in the future......
The BEST way to UNDERSTAND the FUTURE of an investment is through CAREFUL analysis of the FUNDAMENTALS.
The WORST way is too look at the current price of the security, and extend the latest squiggle into the future!!!!
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