Being in the market at all times is not the key to profits. Being in the market when there is a clear, unconfused technical signal during a strong market, and the trader's judgment is not swayed by emotion, is a method for trading success. No matter how good the fundamentals and technicals are, stocks will have a high risk of failure during weak markets.
Monday, August 22, 2011
Wall Street sinks for fourth straight week
NEW YORK: Wall Street ended a fourth week of losses on a down note on Friday, Aug 20 as most buyers left the market before the weekend on growing fears of another U.S. recession and destabilization in Europe's financial system.
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