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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (10616)6/10/1999 11:31:00 PM
From: bdog   of 12039
 
Richard, "who is "smart money"? "

DeMark has a belief that there are no smart buyers/sellers at tops and bottoms, only price exhaustion. Price goes down after the last buyer has bought and goes up after the last seller has sold...

from his book "The New Science of Technical Analysis" (not quoted)

bdog
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