Posted Dec 11, 2015 by Martin Armstrong
Notice the Panic Cycles targeted 12/03 and volatility in cycles into the end of this week. We live in interesting times. People ask how the computer can do this. It is NOT the instrument that matters. HOW people interact through that instrument is the common denominator, which is why fundamental analysis fails. People act in ANTICIPATION of events real or fictional.
It’s what you BELIEVE that matters — nothing else. This is why analysis is still in the primitive stage of being a witch doctor. Fundamentals far too often become mumbo-jumbo. People act on what they THINK will happen even when it does not.