The triumphant return of the Blues Brothers.
- Sep 12, 2011
- Reaction Score
Again, watch the market technicals, don’t bother with market fundamentals.
Technicals are garbage. People mapping trends as those same trends change more rapidly than they can predict. It’s a fool’s errand. Fundamentals don’t mean what they did when I was a finance major at UConn. Now you need to understand change and disruption and attempt to predict it. Most are betting all over hoping to hit a winner.
Tesla has crap fundamentals. It exploded while it had crap fundamentals (and has huge short positions as a result). The technical market is irrelevant to it as well. It’s simply a bet on a change agent that they will pull something off.