Michael Covel: The Goal is Money
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Uploaded by TrendFollowing on Nov 5, 2009
This is an excerpt from a Michael Covel speech in Sao Paulo, Brazil for the BM&FBOVESPA exchange.
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@jimbob77784 There are always more people trying to pick bottoms and tops. Just the way it is. If net short traders price go up.
BZCAPMOOR 8 months ago
@aliray7979 What is it about then? BTW, I don't say it is only about 'technical analysis'.
TrendFollowing 10 months ago
@jimbob77784 Everyone will not do it.
TrendFollowing 10 months ago
@008maguire You're half right but trend-following isn't strictly about technical analysis.
aliray7979 10 months ago
michael is basically just trying to De-brainwash americans and try to get them to use tech analysis
008maguire 1 year ago
@964fan Yes, due to fractional reserve banking.
ntn1987 1 year ago
@jimbob77784 There have been bubbles going back hundreds of years, long before paper fiat money. Arguably its more than existence of credit (and the potential for reckless extension of that credit) that creates asset bubbles.
964fan 1 year ago