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07/09/16
08:09
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Originally posted by nambo1
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I'm far removed from the legend category Ras. Don't be pumping up my tires like that. Just briefly Median Line theory is based on one of Newton's laws: For every action there is an equal and opposite reaction. Or as Andrews who developed and refined the concept put it, "As above (the median line), so below." What still blows me away though are hits and reactions when price hits the warning lines above and below the fork. Best explanation of that I've read is to liken them to harmonics when dealing with frequencies.
I think I would do better trading highly liquid large caps as they tend to respect the rules better than penny stocks but that's half the fun IMO.
Still holding CTM but they are likely to be sold this week to free up funds for Dotz which I had to borrow money for. If they drop awesome drilling results this week, I'd be over the moon. Bed time now. Catch you all in your arvo.
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That's a really interesting comment nambo.
In playing around with the forks, I too have been recently thinking, the forks seem to be more "solid" when looking at stocks above 50c and accuracy improves again once you cross $1