4min chapter

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#5: Tom McClellan on Engineering Effective Stock Market Models

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Power of the Oscillator in the Stock Market

There is zero money in the stock market. If you put money into it, it immediately comes out the other side into somebody else's pocket. The only two fundamentals that matter are number one, how much money is there? And number two, how much does that money want to be invested? When liquidity starts to dry up, it affects the lesser stocks first.

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