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Fact Rat
HOFer
Personally, I have a fundamental problem with chart pattern trading. It presupposes that past events are determinative of future performance. Like any trading system, it works sometimes, for some companies, if there isn't a fundamental change for the good or bad. In the end, the market works on supply and demand. Demand is based on appeal of the company. Over the long term, appeal comes from perceived future performance.
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