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Strategies & Market Trends : Chart Formations

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To: sean sanders who wrote (306)9/24/1999 1:57:00 PM
From: James Strauss  Read Replies (1) of 967
 
Good observations Sean...

TA is less reliable with some lower priced stocks... The chart does reflect the current thinking of investors/traders emotions and logic... The use of FA helps you separate the stronger companies from the pack of stocks that have similar looking charts... Eventually, price will follow earnings and revenue growth anticipation... This is what's now happening with IFLO...

Jim
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