for the technical analysts, if we close red tomorrow, they say its a bad sign.... but for me, its the opposite. the lower we close, the more likely it'll induce people to buy the following day cos buying quality stuff on discount is always good. i personally always buy on red days and sell on green days. but the trend followers would do the opposite.... would it be wise to employ one system for a certain type of stock and the other system for a second category of stock?
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for the technical analysts, if we close red tomorrow, they say...
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