Bounce!

Probably the widest gap between what I was taught in business school and what I’ve seen in the real world is technical analysis. Every study says it’s garbage. All the respectable folks say that you’re seeing trends that really don’t exist.

I’m a skeptic, too. Still, when we bounce off the 200-DMA so clearly, it makes me wonder:

Posted by on June 21st, 2011 at 3:42 pm


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