Is the market prediction possible?

It took me a long time to figure out that no onereally understands why the market does what it does orwhere it's going.

It's a delusion to think that you orany one else can know where the market is going. Ihave been in many seminars in which the presentermade it seem as if he or she had some secret method ofdivining where the markets were going. Either theywere deluded or they were putting us on.

I have seen many complex measuring methods fordetermining how high or low the market would move, howmuch a market would retrace its latest big move, andwhen to buy or sell based on this analysis. None hasever proved consistent . It also has taken me a longtime to understand that no one knows when the marketwill move.

There are many individuals who write newslettersand/or books, or teach seminars, who will tell youthat they know when the market will move. Mosttraders, practitioners, cycle experts will try topredict when the market will move, presumably in thedirection they have also predicted.

I personally havenot been able to figure out how to know when themarket is going to move. And you know what? When Itried to predict, I was usually wrong, and Iinvariably missed the big move I was anticipating,because it wasn't time.It is when you finally conclude that you would neverbe able to predict when the market will move, you mayturn out to be more successful in your trading.