RE:RE:The Media's Record1troffer wrote: 1nt2Trade wrote: Brexit won't happen .... it did.
Trump will not win ..... he did
Buy gold if Trump does happen to win beuase of uncertainity ....gold tanked trump policies are absolutelky certain just like his record.
Sell stocks if Trump wins .... all stock markets rallied
Oh our bad re don't buy the election win but definitely sell the inaguration ... market rallies after inaguration
Oil will be $60 by the first of 2016 ...... it dropped to $26.
Etc etc. total grabage listening to most media analysts. Follow price action that's what matters!
I agree with you, price action is king. Most of the posters/pumpers/wives/elevator riders here are so blinded by their hope and wish strategy that they have resorted to having a share price prediction party for 6 months from now, all the while overlooking the obvious that botox is doing the backwards boogie. Sucks to be them.
People do that simply because they need something to reassure them due to their own uncertainty. Instead of knowing or understanding the markets they grasp at straws trying to give themselves support in a market where anything can happen. Everyone needs a "feel good" moment when owning a stock but if you are grasping at straws with your investments you might want to rethink your strategy....... Baytex is a good company, not going bankrupt with oil at $50, but there is still uncertainty in the oil markets. I would never hazard a guess as to where BTE will be in 6 months. I just "hope" and "wish" its higher lol