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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

3:59 PM EST

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HerbVic

Stock Puppy

To: Stock Puppy who wrote (170671)	6/9/2014 4:17:54 PM
From: Zen Dollar Round	2 Recommendations Read Replies (3) of 213173

Given that the stock market is, for a large part, psychological That's all it is. The stock market is a very large mass psychology experiment. Yes, there is a lot of programmed trading out there – and all of those programs were created by humans. It does not change the mass psychology aspect of the market. Computers have not reached self-awareness yet, they are not sentient beings like humans, so the "decisions" they make still apply to this theory. I'd argue that TA works for the very same reason – simply because so many people follow it and it has been around for a very long time, not because there are inherent patterns in stock charts. Many will, no doubt, argue with this. It's what I believe and I'll be sticking to it. I sense I've just opened a huge can of worms. :-)

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