Future stock market movements can be forecast by a study of past history and past movements.By knowing the time when the greatest advances have taken place and the times when the greatest panics and declines have occurred and the time periods to watch for major and minor changes in trend,you can detect what to expect in the future.Just remember one thing,whatever has happened in the past in stock market and Wall Street will happen again.Advances and bull markets will come in the future and panics will come in the future,just as they have in the past.This is the working out of a natural law and the balancing of time with price.It is action in one direction and reaction in the opposite direction.In order to make profits,you must learn to follow trend and change when the trend changes.
War in the past has always had a great affect upon stocks and commodity prices.The starting of wars often has produced panics or sharp declines followed by booms,and after the war was over,there was another sharp decline or a panic,followed by another boom with probably higher levels than occurred during the war days.It is important,therefore to study the action of stocks and commodities around the beginning of war periods and after the ending of wars in order to detect what may happen in the future when same conditions repeat.
Monday, August 3, 2009
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