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Actually Cabbies charts, complete with Elliott wave labels have...

  1. 16 Posts.
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    Actually Cabbies charts, complete with Elliott wave labels have been spot on. The TA charts measure sentiment, Cabbies charts indicated a top in negative sentiment, just like Lady Trader alluded to, which of course come closer to bottoms than tops. And yes, stock prices absolutely "listen" to sentiment, so maybe its not the charts that are being idiotic.
 
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