Take a look at the following graph: In blue, we have the DAX, which is basically the German index. In red, we have the common shares of Volkwagen. This is a three months graph. After September 18th, we can see Volkswagen’s stock nosediving due to the latest emission scandal where it admitted cheating on some […]
Tag Archives | stock market scam
Why Technical Analysis is 100% Bullshit
Before I go on, let me explain what “technical analysis” is for me. Technical analysis is the art of looking at this graph and thinking: “THIS ONE IS GOING UP TO SKY, BABY!!!” Or looking at this: And thinking, “THE MARKET IS GOING TO CRASH.” I like how they added “analysis” to “technical analysis” as […]