I mostly agree with you. About the only place we differ is that I am more of the school of thought that the price makes the news, the news does not set the price; its strange concept I'm sure for those that may not do this 12 hours a day. Regardless I concur he seems to be of the belief that he can draw lines on a chart and will them into existence.. It does not work that way, the greater market will always over rule foolish predictions.
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Ha! It's the chicken or the egg scenario I guess.
True, very true, and excellent way of looking at it... :)