Technical Analysis: Difference between revisions
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[[Random Walk]] | [[Random Walk]] | [[Fundamental Analysis]] | [[Technical Analysis]] |
Revision as of 18:39, 29 April 2007
- Is an attempt to measure the psychology of the crowd and its propensity to build castles in the air.
- All information about earning, dividends, and the future preformance of a company is automatically reflected in the company's past market prices.
- Prices tend to move in trends: a stock that is rising trends to keep rising, whereas a stock at rest tends to remain at rest.