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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: At_The_Ask who wrote (148169)2/4/2002 12:13:21 AM
From: GraceZ  Read Replies (1) of 436258
 
Human behaviour, which dictates price, is controlled by emotions of fear and greed which is predictable, and the effects of those emotions on price can be veiwed in a chart.

The most you can ever know is what people are doing, not what they are going to do. But a chart of price doesn't contain enough information to even know what people are doing.

If you assume that emotions are made graphic in a stock chart you'd have to come to the conclusion that selling makes price go down and buying makes price go up. I can show you a ton of evidence to the contrary.
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