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Created on: 4/2/2017 2:01:03 PM   Last Update: 4/2/2017 2:01:16 PM Posted by: RTT
1 POST RTT Chart Review 4 - XLF, BAC, WFC (1103)
rtt-chart-review-4--xlf-bac-wfcLets review the banking sector. The 'potential' of changes to DodFrank on the TRUMP election win sent banks stocks rocketing higher, but will prices hold at these highs!

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.."Anyone who buys or sells a stock, a bond or a commodity for profit is speculating if he employs intelligent foresight. If he does not, he is gambling."..

Richard D Wyckoff


.."The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."..

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Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.

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