Is A Pullback Imminent?

None of this means that Charles is wrong in his prediction. Markets do not march straight up without pause. But there are different ways to look at the evidence, and tempting to see it as supporting your own position.
Now you see why I call the “multiple” a Fudge Factor! Anyone can offer an opinion on what it should be. Better to use some data…..

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Is A Pullback Imminent?

None of this means that Charles is wrong in his prediction. Markets do not march straight up without pause. But there are different ways to look at the evidence, and tempting to see it as supporting your own position.
Now you see why I call the “multiple” a Fudge Factor! Anyone can offer an opinion on what it should be. Better to use some data…..

Read More