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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: oldirtybastard who wrote (34904)	11/6/2000 5:10:21 PM
From: donald sew	Read Replies (1) of 42787

oldirty... >>>> I wonder donald if these days trading against most common chart patterns would work better than using them as traditional indicators as so many people following them would already be buyers by the time the pattern is formed, and without further catalyst and resolution in the direction of the supposed move (since who is left to buy the chart?) <<<< You probably have a valid point. If that holds true, I would guess that the indicators that would lose reliability would be those like moving averages/major trendlines. The less known/less understood indicators would have a later/or lesser effect. Frankly, I have already noticed a less reliability, but not sure if I can attribute to more and more using TA or because of the extra variable of SECTOR ROTATION.

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