The problem with the SP recommnedation by DD is it tends to play...

  1. SRF
    1,046 Posts.
    The problem with the SP recommnedation by DD is it tends to play into the hands of traders who use its herd buying and selling mentality.

    If there is a recommendation, it's easy money knowing that there will be buyers for higher SP. At the same time, we also know at what SP they will sell since SL % is an open knowledge.

    The timing of the newsletter is also unfortunate being on Friday after market. There is no time advantage.

    The market now is a trader one not an investor's due to large cash outflow from the market recently. As such, in the current climate, DD is like a large ship unable to move quickly but easy to spot.

    However, it is useful for the same reason stated above if you want to spot a large ship moving in which ever direction.

    JIMO


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.