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Gold/Mining/Energy : Winspear Resources
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To: SwampDogg who wrote (20245)6/15/1999 4:48:00 PM
From: Charles Kalb  Read Replies (1) of 26850
 
There are limits to the extent the market can be manipulated, at least when there is sufficient volume to have statistically significant samples. Winspear has more than enough volume to satisfy that constraint. The manipulators can't just drop the price from several dollars to let's say 25 cents and then load up their accounts. It is well documented IMO that the effects of mass hysteria (fear) and unbridled enthusiasm (greed) are reflected in Technical Analysis. TA doesn't care what is causing the market to move, it just processes the movements themselves and makes predictions based on that.
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