Monday, July 23, 2012

news and effect


technicals don't worry about news. 
any "news" is inbuilt in the technicals. 

as they say "charts know that the news is coming."

what actually happens is 
that if the operators and big pockets are willing 
small news is magnified big time, 
and if they are less interested even big news fizzles out.

small news, small need = small or no effect
small news, big need = decent effect
big news, small need = small effect
big news, big need = big big effect


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