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There are, of course, a associated with traders available on the market who use much cleverer strategies than "Buy and Pray". May possibly use charts and technical analysis and work their trades on moving averages, Fibonacci lines, Bollinger bands and etc. They might go short occasionally to make the most of an expected downward move, but the "gambling" element is still there - select which direction the stock most probably will move in, and take a position on that foundation.

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