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What is a Megaphone Top Pattern - More importantly - What does it mean?
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[QUOTE]Originally posted by glassman: [QB] [QUOTE]Originally posted by Relentless.: [qb] I suppose it depends upon perspective. Loser in every trade? 90% of all trades nowadays are HFT algos = there are no losers.. Unless you're the software engineer on a down day. Paying too much for stocks? = The ones buying stocks are the ones printing the money.. Buy something for free and tell me you paid too much. [/qb][/QUOTE]i agree about the algorythms and what is happening a the market.. i dont even count what's been going as REAL. that's my whole point. the bankers or whoever that has run the market to these ridiculous new highs are tradng amongst eahc other for hte most part. they have paper gains now, and they have used "free money" formteh FED to do it. so the system is choked with "fake" money that represents nothing other than IOU. They need us retailers/consumes to buy the their fake paer form them before they lose access to all that "free" money from Quantitative easing... the same is true in the commodities market. that's why hamburger cost 5$ a pound and bacon is worse. the stupidity of what they have done is even more breathtaking than the way they crashed it in '08. even tho all that sounds like total gloom and doom? human nature is that we always somehow find a way out our messes (until we don't) it's a product of natural selection.... [/QB][/QUOTE]
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