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If have got another one: "buy low and sell high"!
These truisms can be used to analyze an OLD price chart.
The trick is to make a prediction about the future,
and that is not possible with this kind of truisms.
Regards,
Onno
At 18:02 4-8-98 -0400, you wrote:
>Two of these asinine truisms strike me at this juncture.
>" New highs in the market are always Bullish ... except when it is the last
>one".
>And "Always >buy on the dips ... except when it keeps going down".
>Any thoughts??
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