I Was Wondering What Ever Happened to Chart Reading?

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When I started in the trading business (back in the olden days, as my grown children delight in reminding me) I was told that I would not be worth a pinned nickel until I spent 10,000 hours reading charts. Being an obedient youngster on Wall Street, I did what I was told and sketched charts with trend lines, regression channels that expanded and regression channels that were narrowing, support and resistance, and a dozen other suggested chart notations until I thought I was going to lose my one-cell brain.

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