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Re: LoneGrey post# 160429

Wednesday, 10/27/2010 1:10:37 PM

Wednesday, October 27, 2010 1:10:37 PM

Post# of 179215
I think it's hard to measure "oversold" when people can get together and manipulate it to a level of "overbought", then make money on it's way down, too.

When it's got some real heavy corporate capital behind it, I could believe in that. I think that's when that particular indicator serves to be more accurate as a descriptor of general capital interest.