Technical Analysis Or Efficient Markets? by Massoud Metghalchi, PhD
What is being said today about this long-ranging debate? Heres some brief history on it plus a data-based study of a market pattern that lends weight to the debate.
As most readers of this magazine well know, technical analysis is a method of evaluating security prices by analyzing statistics generated by market activities, such as volume, open interest, past prices, and various indicators that are based on price and volume ...