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What with traders trading for so many different objectives, and what with there being so many unique and individualized market theories and trading techniques in use, and more coming into use all the time, it is hard to imagine how any particular theory or technique could acquire enough `` fans '' to invalidate itself.

Nevertheless, all theories and techniques lead but to one of two possible modes of expression, if they lead to a market committment at all.

In the final analysis, then, the user becomes either a bull or a bear in a given instance, notwithstanding any amount of forethought and calculation, however elaborate.

Thus while his theory or technique may not be oversubscribed, it is commonplace for bullish and bearish positions to become temporarily over-subscribed.

Though the methods of deciding may be profound and diverse, the possible conclusions remain but two.