By InTheMoneyStocks on May 7th, 2010 3:55pm Eastern Time
When traders and investors are euphoric they will follow and lean towards the fundamentals and the story. They will talk about the p/e ratios, book value, and earnings per share and the new contract or product that a company may get.
In bear markets or despair many traders will leave the story tellers and revert back to the charts and the technicals. Price action is the KING not the story that you will hear from your stock broker or some economist on the television. LEARN THE CHARTS.
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