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Sunday, June 03, 2012 4:41:24 PM
Yeah, news doesn't matter...that's why stocks rocket on news of acquisitions, mergers, beating earning expectations, business expansions, patent/drug approvals.
That's why they plummet on news of bankruptcy, fraud, loss of profitability, failing to meet Wall St. earnings expectations, anticipated deal falling through, rejection of patents/drug approvals.
You're right, news have nothing to do with it...it's all in the charts. You know, the ones that tell you what you already know! Who ever said past performance is not an indication of future results must have been a fool!
Good luck with that GTC order sir!
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