(Ooops!!! Very sorry, I didn't know the chart did not appear for many of you. Now it makes more sense, lol.)
The ultimate rulebook / guidebook for all investors. This chart below will help you to decipher where the market is at by what your dealer or remisier is saying. It has proven to be highly useful in locating where we are in the market trends and turns. Please use the guide diligently to translate what your dealer and remisiers are saying to you. For example in #5 when your dealer or remisier says "I'll use this correction to increase my position", look at the chart and you will know that it means the market is headed for a very big fall. If you look at #8 when they say that they cannot believe that a stock has fallen so much and has to be the absolute bottom, rest assured the chart is there to help you, it means the stock has at another 50% to fall. In example #15, when you tell your remisier or dealer that you have started to buy shares, and they shout back at you angrily "You what!!!??"... rest assured the market will continue a very strong and prolonged uptrend. Please use the chart below wisely.
1 Ah, the price is going up, let's watch the market
2 The trend is holding, I'll buy at the next consolidation
3 Damn! I missed the consolidation, but if I wait any longer, I won't profit from the trend. LET'S BUY!
4 Good thing I didn't wait
5 I'll use this correction to increase my position
6 Brilliant! At this price, let's double it!
7 Ouch. As soon as it goes back up, I'm selling out!
8 I don't believe it! Its down to 8 1/4! Its hit its absolute bottom!
9 OK, let's wait for it to recover - otherwise this will have to be a really loooong term investment
10 What are the SEC doing about this??!!
11 Enough! I'm selling out! And staying out
12 Good thing I sold
13 It's going to tank again anyway
14 Told you so
15 You what???
16 What the hell???
17 More crazies who are going to get taken to the cleaners!
18 This is it! I knew this was going to happen all along!
19 Drat! I'll buy again. It's cheaper than last time anyhow
(Double click on chart for better view)