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Updated: October 11, 2026
But that one of us twain who was singly concerned in encajes had fatigued and perhaps overbought herself at the antiquity shop, and she signified a regret which they divined too well was dissent. They looked rather than expressed a keen little disappointment; the mother began a faint insistence, but the daughter would not suffer it.
Their reaction constitutes a trend and identifying this trend at its inception can generate excess yields. On this both fundamental and technical analysis are agreed. Moreover, markets often over-react: they undershoot or overshoot the "true and fair value". Fundamental analysis calls this oversold and overbought markets. The correction back to equilibrium prices sometimes takes years.