I often wonder as I chart a stock how many other chartists are seeing the same patterns as I and trade them accordingly. Which raises the question do stocks really cycle or trend? or are the patterns we trade self-fulfilled by thousands of traders acting and reacting to the same data provided by the market? Personally I believe the market in general is self-fulfilling...JMO...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.