Message:

<p>[QUOTE=&quot;calcol, post: 3206010, member: 77639&quot;]The main lesson from the history of coin prices is that they can go up and down unpredictably.&nbsp; The same randomness will occur whether or not one is aware that it happened in past.</p><p><br /></p><p>In the equity and bond markets, the SEC requires sellers of these investments to state specifically that past performance is not indicative of future results.&nbsp; The rule for mutual funds is SEC Rule 156.&nbsp; There are similar rules for sellers of other investment vehicles.</p><p><br /></p><p>Using past performance to predict future results is known as technical market analysis.&nbsp; There have been many books written on the topic.&nbsp; Most investment professionals consider it a fool’s errand, although some investment firms do employ a technical analyst and there are true believers.</p><p><br /></p><p>Personally, I think it is useless, not only for equities and bonds, but even more so for tangible assets like coins, art, precious metals, etc.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in