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bar1080

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bar1080

Re: None

Wednesday, 07/29/2020 8:05:34 AM

Wednesday, July 29, 2020 8:05:34 AM

Post# of 246
LOLOL! “Only thing we know for certain about_technical_analysis is that it’s possible to make a living publishing a newsletter on the subject.”


"While technical analysis remains widely used, that doesn’t mean it’s not bunkum. Indeed, many technical traders would be the first to accept that the field is full of charlatans. As bond expert and author Martin Fridson has written: “The only thing we know for certain about technical analysis is that it’s possible to make a living publishing a newsletter on the subject.”

Such newsletters are full of references to obscure Japanese candlestick chart patterns, Elliott Wave theory, Fibonacci numbers, and all kinds of other vague and unverified assertions.

https://www.irishtimes.com/business/personal-finance/charting-the-stock-markets-does-technical-analysis-work-1.3148453

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Because the Good Life is Just a Pump or Two Away

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