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Ep. 196: Technical Analysis Legends Share Stock Market Stories

Investing With IBD

CHAPTER

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.

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