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by LVB 3238 days ago
My dad had an old book on technical analysis, published in the early 60s. The intro talked about how prices move, usually with top execs telling all their friends and family to buy, and then those people telling their network, and so on, ending with a press release. I'm sure there's still plenty of that going on, but I found it funny to see it just spelled out as the default mechanism 50+ years ago.