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SE Iowa | It all comes back to fundies..the techs overdo themselves, that is why we get extremes in price when fundies do not justify price levels. If that wasn't the case we would get no reaction out of major reports or even minor ones. Tech only traders would have all figured out and be no reaction. Fundy only traders get ran over because of the pushing and shoving by the techs.
Bottom line is you have to have both and know the dynamics of each to have an accurate analysis of the market. | |
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