Thursday, October 05, 2006

History Repeats Itself

I'm reading this book on "Technical Analysis of the Financial Markets" and I came across one of the major presumptions behind tech. analysis: History repeats itself-the key to understanding the future lies in a study of he past.Human pyschology tends not to change..

But what happens If we have no knowledge of the past..

The future is merely a repetition of the past-Thank God for the Bible.

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