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Strategies & Market Trends : Charts & Scans

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To: Jeff Jordan who wrote (3361)	10/20/2003 6:32:44 PM
From: Ron	Read Replies (2) of 5125

Well, my theory has always been that TA is really just a way to track and project the behavior of traders in the market. So fibos, support lines, resistance lines, etc work, precisely because so many people watch them. The other very tricky factor is that news, will trump TA almost every time. Which is why so many of us keep plugging away, and have not gotten around to buying that remote tropical island as yet.. :) COMPX has a big gap to fill.. am wondering if earnings will keep moving stocks upward... if not... 1840 or so looks likely.. ttrader.com

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