Technical_Analysis_page_155

Technical | Analysis page 155 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

126 Part Il_ Markets and Market Indicators at tops and the most short positions at bottoms (see Figure 7.24). The reason for this logical dis- parity is likely that dealers must anticipate customer demands. They buy issues from the auction and then sell them to customers. If customers have been…