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<p>[QUOTE=&quot;Cloudsweeper99, post: 1168272, member: 3011&quot;]There are a few chart patterns where history has shown that there is a greater than 50% chance of gain if you buy at a particular price without specifying what the likely future price will be.&nbsp; Many of the techniques are extremely complex when you read about them, but most boil down to the observation that if something has been going up in price for a reasonably long time, it is likely to keep going up -- at least for a little while longer.&nbsp; </p><p><br /></p><p>More importantly, if this doesn&#039;t make sense to you, and technical analysis isn&#039;t highly respected because it doesn&#039;t make sense to a lot of people, then you should avoid it and ignore those who use it.&nbsp; So you aren&#039;t really missing anything.&nbsp; You perfectly understand the difficulty involved.[/QUOTE]</p><p><br /></p>

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