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Re: 5x5 post# 174052

Friday, 10/07/2005 3:10:53 PM

Friday, October 07, 2005 3:10:53 PM

Post# of 279080
IMO that is a common misconception about charts and their indicators. They really have very little to do with the actual company but rather how the public perceives the company.
There is a very good book, whose name escapes me at the moment, that deals with this topic. The author is a trader and a psychologist and he explains how each indicator is calculated and what it means in terms of the psychology of the market.

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