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Old 02-29-2012, 06:16 PM   #16
jokiruss

Join Date
Oct 2005
Posts
394
Senior Member
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There is no such things as "technicals" anymore, as there is no science to the "market". The banks control the price of everything through paper bullshit. As I said in another thread, it's their system. They designed it, and they control it. If you ain't in, you're out.
Banks controlling the markets are what technicals are all about. They accumulate shares, then they mark up price, then they distribute shares, then they mark down price. Technicals are about getting in sync with the banks so you can ride their coat tails.
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