For my new years resolution I am going to give up charting and start analyzing fundamentals instead. Recently I have woken up every day to find that the US has risen on hopes of a deal on the fiscal cliff but last night the market fell on concerns over the fiscal cliff but there seems to have been a rally late in the session about renewed hopes for a deal on the fiscal cliff. But as I was typing this hope for a deal on the fiscal cliff faded again and the dow dropped 50 points.
Do you see what I am saying? All I need to do is analyze the fundamentals and I reckon I will make a fortune in 2013.
greetings from malibu thursday, page-4
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