charts are crap. we had one of those infamous 'hammer t's' (a sure sign of reversal, wink wink) the other day and it went right on down. charts are analysis of what has already happened. they, at best, predict a guess of which way a stock may trade.
but the fact is that buyers make it go up and sellers make it go down, and mm's play their little games.
you dont like my theories on crystal balls and i dont like your theories of shampoo, hammers, and gaps.
until it is fact, it is just that, a theory. my crystal ball will work as good as your method. my ball says green tomorrow and green friday, what tha hell does your chart say?
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