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I have to disagree with this. Some of the best stock daytraders I know rely
solely on TA. If you think stocks have a small daily range, you've been
asleep during the 90's.
In a message dated 12/12/99 11:00:26 PM Pacific Standard Time,
jberentson@xxxxxxxxxx writes:
> 1. Day trading stocks using technical analysis is, in my opinion, one of the
> most difficult things one can attempt, simply because stocks have a small
> daily range and will react to specific company, industry and general market
> conditions. Stock day traders play a different game of reading the strategy
> of market makers and generally do not rely on technical analysis.
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