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The Psychology of Investors
Ralph Ward: "We still have buyers and sellers. Keep it simple" He says he uses Fibonacci, Liberace numbers but only owns price; trends are his friend. Tom refers to the supply and demand. The laws of supply, that's basically what we're talking about. So be kind to yourself, trends your friend, buy and hold if it's going up. If it's going down, I wouldn't buy it with your money.