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stock market crash

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    Originally posted by scooterscot View Post
    Let's try and clear this up. I'm determined.

    What is a chart? It is a plot of data with time.

    What determines the value of the data at a given time? Emotion.

    What drives markets? You ask any professional investor / trader they'll all give the same answer to the question - sentiment.

    Now back to the first question. What is a chart? It is a plot of human sentiment versus time.

    You've got to stop thinking charts are telling you about price but rather what people were thinking their emotion. This is why charts are so powerful, you can look back in the past and extract what the sentiment was around a certain level.
    Is this what the chart voices in your head told you to say?

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      Sigh.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        Originally posted by Banned Sockie
        Your 3rd post and the only person to respond is Scooty with a graph

        Not suspicious at all
        I am what I drink, and I'm a bitter man

        Comment


          Originally posted by Paralytic View Post
          Is this what the chart voices in your head told you to say?
          Seems he's created a sockie now to ask himself questions and keep bumping the thread It's only a matter of time though before even his sockie calls out his pointless graphs!
          I am what I drink, and I'm a bitter man

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            Originally posted by Paralytic View Post
            Is this what the chart voices in your head told you to say?
            It's what they told him not to say. He's a contrarian.

            Comment


              Originally posted by Whorty View Post
              Seems he's created a sockie now to ask himself questions and keep bumping the thread It's only a matter of time though before even his sockie calls out his pointless graphs!
              I created a chart for ScooterSock


              First Law of Contracting: Only the strong survive

              Comment


                Originally posted by scooterscot View Post
                Overbought.

                Following a 3600% rise in only 12 months I'd hope anyone who bought into this a year ago is now collecting profits. The risk / reward levels are unacceptable. Sure it could climb higher but the risk you take for that is huge. There's far better opportunities out there.


                So your handle on Tradingview is without_worries?

                Asking for a friend

                Comment


                  Originally posted by AtW View Post
                  So your handle on Tradingview is without_worries?

                  Asking for a friend


                  Isn't it obvious?
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    Originally posted by scooterscot View Post
                    Isn't it obvious?
                    I guess it would take a CUK holiday home visit to find out...

                    Comment


                      Originally posted by AtW View Post
                      I guess it would take a CUK holiday home visit to find out...
                      Tempting ....
                      I am what I drink, and I'm a bitter man

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