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At 08:11 PM 10/15/98 +0100, Bill Eykyn wrote:
<snip>
>call a fact an opinion. What I stated was a fact, if you re-read what I
>posted, I hope you will agree. Where the opinion comes in is purely on the
>use. Some people (including yourself, perhaps?) have found indicators - or
>some of them? - to have been useful for your type of trading. Fine. I
>have no quarrel with that at all. My only argument is about lagging or
>leading. For me price leads, simply because it is the price. It is the
>leading edge. Nothing else can possibly lead price. It is impossible. I
>believe that to be a fact.
<snip>
I believe that basic Economics teaches that price is a result of supply and
demand.
Allan
"Facts and truth really don't have much to do with each other." - William
Faulkner
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