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Re: Technical Analysis: Is it voodoo? Or does it work?
* Please do not equate when news comes out and is known to ALL as meaning that there are not those who ALREADY know it. The playing field is not level. Smart Money has better, quicker, and more thorough access than the typical retail trader. ERGO price must reflect ALL known events.
And the news shocks? Well, if they are truly shocks then price will reflect them instantly. But it is a good bet that somebody knew something. *
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