Sunday, June 29, 2008

News and The Month of Jun 2008

The month of June could be one of the worst nightmares of Fundamental Traders. The market either moved in a different direction to the news release or in some cases short / beyond the normal forecasts. There are cases, the move is not within the expected timeframe.

If you did not perform well for last month be assured that you are still on the right track. There’s nothing wrong with your indicators, judgment or signal provider.

It was reported in WSJ that Soros admitted that he “realized his mistake”.

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