Normal
Anybody who gets super emotional while stock trading or investing is just a bad trader/investor.That said, in regards to the thread [and others] there have been an overwhelming number of incorrect technical predictions on the direction of the All Ords on these boards since the correction. I don't think its a reflection on the merits of technical analysis but rather on those applying it [although I don't know anything about it myself]. One can look at the threads to see the number of predictions putting the bottom of the All Ords in the 5400 range. Similarly the level of skill in fundamental analysis on this board is also generally very poor [something which i am somewhat knowledgable about].So, I would take any prediction [technical or fundamental] as at best for entertainment value with the potential to inform you as to general goings on in the market.
Anybody who gets super emotional while stock trading or investing is just a bad trader/investor.
That said, in regards to the thread [and others] there have been an overwhelming number of incorrect technical predictions on the direction of the All Ords on these boards since the correction. I don't think its a reflection on the merits of technical analysis but rather on those applying it [although I don't know anything about it myself]. One can look at the threads to see the number of predictions putting the bottom of the All Ords in the 5400 range. Similarly the level of skill in fundamental analysis on this board is also generally very poor [something which i am somewhat knowledgable about].
So, I would take any prediction [technical or fundamental] as at best for entertainment value with the potential to inform you as to general goings on in the market.
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