monday, page-136

In many ways this year might be a foretaste of things to come.

With greater historical knowledge comes the prime act of markets to deceive as many as possible.

The more people rely on seasonal patterns the more the market must adjust to deprive them of gains.

I belive history will still be the teacher but subtleties will develop to thwart many.

After using simple EW here many years ago I switched to the US for more liquidity only to find a more complex pattern.

Developed markets must get more complex as only a minority can see the truth and make oversized profits.

Markets aren't there for everyone to get wealthy.

I suspect a time is coming again when markets will be for fools to lose their money in the minds of most.

That may take ten years of more and when most have said never again, then the game will be on again.