Advanced Micro Devices Inc (AMD)

[chipguy]

Yes, and my question is, does it really work better than random, blind chance?

No.

Has anyone done RIGOROUS analysis (do you understand experimental design methodology?) of any of these techniques? I doubt it. They usually cite a few examples of where it worked, and ignore the mountain of cases where it would fail.


Economists have examined various TA schemes since the
early 70's and can't find any correlation with historical data.
For a good debunking have a look at "A Random Walk
Down Wall Street" by Burton Malkiel.