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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.79+0.6%4:00 PM EST
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To: Tom Pulley who wrote (83858)6/1/2003 9:54:11 PM
From: Hawkmoon   of 99985
 
Yes... very good article indeed..

But I still believe Technical Analysis is important because, if anything, it represents the smart money and the massive movements it causes in the marketplace.

But obviously, it is still susceptible to failing to predict "event risk" adequately.

Hawk
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