Tags

I got this forward on WhatsApp and couldn’t resist sharing with all

Author Burton Malkiel has made fun of chartists by comparing their profession with having sex: “Like a Don Juan or a Casanova, the chartist has an unending series of short affairs with stocks. First there is observation, a watching of the head and shoulders, the neckline, and the shape of the bottom. Flirtation may involve some resistance or some support. As involvement increases, congestion builds. There may be penetration of old tops, or a violation of former lows. These give way to mounting excitement and then climax, followed by the warm afterglow of profit taking.”

Advertisements