FMG 2.21% $19.41 fortescue ltd

china to spur demand, page-5

  1. 13 Posts.
    gday guys
    generation y, kinda new to shares trader here.

    was wondering how you experienced traders can actually predict the end of a downturn run after i see these dismal crystal ball predictions.

    with people making these predictions do they use charting to look at the previous trends to see what price is generally the bottom?

    do they try and predict if commodities are going to go up and boost the share price?

    do they try and find a price where lots of shareholders will see that the company is seriously undervalued and buy in?

    is it all about the experience level?

    or do they get a dart and throw it on a chart and see where it lands?

    any comments will be great thanks!
 
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