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Old 12-01-2015, 05:39 PM   #13
Franchise Player
Join Date: Oct 2014

It must be maddening trying to pick a stock strategy off of macro economic news. It literally changes every day. I wouldn't be counting on too much fed spending in your thesis.

Charts make sense when you look at them as a visual representations of investor sentiment. The patterns are one thing and their 60% success rate. But when you understand the more important aspects like what optimism looks like and what volatility means and abnormal behavior, and combine that with patterns you really get an advantage. By the time you get the news everyone else has already read it or it has fundamentally changed.
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