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d0lphint0m

04/28/17 12:30 PM

#54605 RE: KashGreen #54597

Charts mean something in every aspect of psychological behavior. I recommend "Investment Psychology Explained" by Martin J. Pring.
It is a fascinating book that goes through the various bubbles (including the Tulip bubble and South Sea bubble.
Charts are nothing more than a snapshot of human psychology. Support and resistance levels a snapshot of where buyers and sellers loom. Technical analysis has come a very long way in the financial markets in the last 40 years with the advance of technology.