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I don't there is anything wrong with anyones Technical Analysis.The problem is that the market has thrown the Logic and Common Sense rule book out the window, which makes technical analysis that much more difficult because Technical Analysis doesn't factor in 'MADNESS'.Now of course, in the not to distant future, many of us suspect this is all going to come unstuck in a very big way. But saying this, it's very hard to sit on the sidelines while you see stocks like FMG surge past $20 and the only Iron Ore they have exported has been in the Suitcase of some Executive flying to China and Japan.The Volcano has started rumbling, and we know an eruption could happen at any moment but people are still jumping on the volcano to have a look.Who cares about Technical Analysis, just jump in boots and all because everyone else is...
I don't there is anything wrong with anyones Technical Analysis.
The problem is that the market has thrown the Logic and Common Sense rule book out the window, which makes technical analysis that much more difficult because Technical Analysis doesn't factor in 'MADNESS'.
Now of course, in the not to distant future, many of us suspect this is all going to come unstuck in a very big way. But saying this, it's very hard to sit on the sidelines while you see stocks like FMG surge past $20 and the only Iron Ore they have exported has been in the Suitcase of some Executive flying to China and Japan.
The Volcano has started rumbling, and we know an eruption could happen at any moment but people are still jumping on the volcano to have a look.
Who cares about Technical Analysis, just jump in boots and all because everyone else is...
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