I think it does influence the market, but it cannot make them all profitable. Unless you think that group of TA believers act as a big pump and dump scheme (but I guess most markets are too big for that?)
He tries to obscure it a little with things like "pink sheets" and acronyms but I don't think that is intentional. I'm guessing people just don't read the original article he is defending.
I think it does influence the market, but it cannot make them all profitable. Unless you think that group of TA believers act as a big pump and dump scheme (but I guess most markets are too big for that?)