Hi GV, RE: "Many, many people, institutional and retail alike, make investment decisions based on candlesticks, moving averages, head and shoulders, pennants, support, resistance, and such, even though there are volumes of evidence that prove they don't work. I am thankful that this and other irrationalities continue to exist, otherwise it would be a lot tougher to make a living in this market. "
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You might even find a highly trained person confuse buying cycle patterns or economics with candlesticks.
Regards,
Amy J |
