Thursday, December 23, 2010

Technical analysis, a black sheep in modern economics

BookValue
The Evolution of Technical Analysis
Andrew W. Lo and Jasmina Hasanhodzic
( http://www.wiley.com/)

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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