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Nokia Corporation Message Board

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  • merlin1990 Dec 18, 2012 4:04 PM Flag

    NOK - Bearish Signal

    Well, I think most day and swing traders which compromise most of the liquidity or volume in the market, are using Technical Analysis. It's a self-fulfilling prophecy. Professionals rely on these probabilities in planning out their trade. The success rate is over 80% because these indicators signal the BIG PLAYERS when to buy or sell.

    Retail investors such as myself just go with our emotions-- our hopes and dreams. Doesn't hurt though to be aware of the technicals, and NOT just faith.

    I'm new and open-minded. I am not being a contrarian just to be one.

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