Thursday, December 23, 2010

Technical analysis, a black sheep in modern economics

The Evolution of Technical Analysis
Andrew W. Lo and Jasmina Hasanhodzic

Ancient roots of technical analysis

After languishing for long in the murky waters of part art and part science, technical analysis is finally starting to develop a more rigorous foundation, write Andrew W. Lo and Jasmina Hasanhodzic in The Evolution of Technical Analysis: Financial prediction from Babylonian tablets to Bloomberg terminals.


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