cycles are at the heart of trading. Talking often helps to understand them. When I try to identify the primary being a title that is often contrary to the trend. Select a bullish and bearish trend. Cycle bearish and bullish trend. But how is this possible? The answer is simple: the oscillations can be so strong and wide that the trend within a cycle can also reverse for years without reversing the primary level. A title that is truly amazing features STM, its bull cycle began in 1998 but since 2000 who has suffered in the portfolio.
What can you expect from a title in 2000 and is worth 80 € decreased up to 12 € without having yet completed its positive cycle? Simple, to end the cycle needs to exceed the previous high. This is pure madness or is there any chance of this happening? STM can return over 80 €?
I am convinced that this might actually occur returning great rewards to investors by 2009.
I shot too big? :-))
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