The stock markets in every country are characterized by changing cycle which involves bearish markets as well as bullish markets. However before getting into the complex cycles of the stockmarkets you must first understand what exactly the stockmarket is and how you can initiate trading on the stockmarket. Stocks are basically the number of shares provided by the company for public participation and is open to trading in the shares called the stocks. Income can be created in the stockmarket using many different methods, and there are many different courses and seminars in the market to teach you these methods. However you need to be cautious, there are lots of great information available, but also lots of not so great information. There are many expensive courses out there, but you need to be sure that the people teaching have learned how to do it for themselves. So if you are looking in the market to choose an education program, do some research before purchasing. Find out if other people have had success using the strategies being taught. A recent report seems to suggest the labor market seems to be stabilizing. But it is obvious that we have not seen enough growth for there to be the start of an economic recovery. Most people are in a false sense of security right now, and that is a dangerous place to find it yourself. The problem in trying to prove that the market is not random is simply that an approach that might work for a statistically valid period of analysis may suddenly become useless once it is widely known. This is because the edge the trader might have had in pricing will be negated if many more participants influence the opening and closing prices that are achieved by their participation. The great majority of studies of technical theories have found the strategies to be completely useless in predicting very long term prices of securities, but there continue to be technical anomalies that occur regularly, and it is up to the smart trader to constantly search for that edge to ‘beat’ the market.