Why past can never be a replica for the present or future? ....... Lies exposed
Financial Market is place where participant VOTES. Those who believe price will go up vote with BUY and SELL for voters believing price will drop. The results are immediate with prices moving up and down every second till market closes for the day or week.
Voting is a on going process with different intensity. Some players dropped off along the way and new entrants jump in. With the pools of players changing, it is impossible to replicate the past exactly. It is possible the majority to share the same sentiment over a certain price or levels but it is impossible for a unanimous decision when we have millions of people voting over a period.
Yes, the market voting system is very fluid because it involve human emotion. One can use the past as reference but one should not be entrenched with the perception and mindset the past will be replicated in the future. It is possible for the present or the future to copy some parts of the past because some of the present players are remnants of the past.
I am a firm believer that we should look ahead while not loose sight of the past as experience and guide.
It takes time to polish, improvise to perfection.
When you hear ANUSlysts tells you how much the present will repeat the past, trust me, it ain't going to happen.
ANUSLyst and FUNNI manager are salaried to tok kok. They are not fighters in the market place. The resume of this anuslysts and funni manager is tok kok experience.
Posted by TZ aka PEDAS at 6:08 PM
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