Jasmina Hasanhodzic

The first half of the book says that technical analysis is an ancient, low prestige, profitable occupation. The second half of the book goes into the modern evolution of technical analysis, and that it is hardly more respectable now than it was then than. The authors point out that there are flaws in the dominant theory, which is the Efficient Market Hypothesis, and therefore technical analysis has value.

According to the book, for thousands of years, Technical Analysis has not been respected, and it is still that way.… (meer)