Fun with Jargon
Technicians use so much jargon that the subject sounds unmanageable to normal people. Fundamentalists talk a good story because they use understandable words like sales, inventory, and revenue. Technicians have terms like double bottom, dark-cloud cover, and breakout. This section takes a look at a few you might have heard before or read about in other books.
Double Reverse Whirligig
OK, just kidding, but there are lots of fun names and descriptions technicians use to classify the markets.[*]
[*] The name comes courtesy of Mark Leheney, News Development Manager, BridgeNews.
Trading jargon is rich with metaphors of war and death. The hunting theme fits well with all of the macho language used ...