The Market hath its reasons which the mind understandeth not.

Posted on May 02, 2008 by WHC Bassetti in Letters

Understanding is way behind on the importance scale of dealing with the markets. Right up in first place is the simple act of analysis. If you can analyze and suspend disbelief you can not only prosper in the market you can be the superman of the universe. By which we mean, what? Trading range breakout? Some of our readers (astute readers) have called attention to the resemblance of the trading range to a double bottom and indeed this appears to be what has occurred.

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