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Gold bullion is rallying because it's a hedge against the falling US dollar. The Asians are rotating out of dollar-denominated assets and into gold, at least according to Joe Quinlan, formerly an economist at Morgan Stanley. Don't believe any of the nonsense about gold being a hedge against...

Paradoxically, TA can be self-defeating because too many traders know about it. For example, if too many people buy a technical breakout near the pivot, there'll be a brief rally and then prices will collapse. All the pent-up demand would have been absorbed near the breakout pivot...

A new book called "Why Stock Markets Crash" was the subject of a fascinating article by Jon Markman at MSN. Has anyone read this book? Did it help you in your trading? Or is it full of arcane formulas and therefore beyond the ken of most readers? Tycoon

Does anyone here even bother with P & F charting? Apparently this tool has polarized many traders -- some swear by it while others claim it is completely worthless. Has anybody here used P & F and, if so, what is your opinion of it? I am wondering if it is worth my time to study it in detail...