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Don't throw Technical Analysis out in a Bear Market.
When your buy signals fail, the market is giving you further evidence that
you are in a Bear market and you are attempting to trade against the major
trend, be it short-term, intermediate-term or long-term. "The trend is your
friend." "Don't fight the tape."
Technical Analysis is used to help identify changes in direction of trend.
Technically yours,
WCM
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