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S&P 500
5,537.02
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0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
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-0.06%
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0.01%
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Re: A deleted message

Saturday, 07/07/2012 5:10:54 PM

Saturday, July 07, 2012 5:10:54 PM

Post# of 16407
Charts were invented by traders as a vehicle to manipulate the market.

Since most people follow it blindly it tends to work until Management trumps it and makes the chart work in its favor

The latter is called a reversal which is what you are seeing now.


All posts are only my opinion and are not buy or sell recommendation.

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