Actionable Yelling Fire in a Crowded Theater?
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Posted 07 July 2009 - 12:24 PM
The market has put in a classic head and shoulder action (chart from Bespoke), and looks nasty. Yes, sometimes these patterns are set ups to suck supply out for smart money accumulation, except to my eye I see no compelling reason to treat such action “as a buying opportunity”. Although it could change, smart money [...]
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