The Money Game |
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Página 122
Now we come to trickier ground. When the stock doesn't get anywhere after a rise
, but churns around at the same price level, the Chartists call it an Area of
Resistance. When a stock drops to a point where it doesn't drop any more, and
churns ...
Now we come to trickier ground. When the stock doesn't get anywhere after a rise
, but churns around at the same price level, the Chartists call it an Area of
Resistance. When a stock drops to a point where it doesn't drop any more, and
churns ...
Página 126
puter-based statistics and higher mathematics, it will do little for the ink-stained
Chartists whose work it would sometimes seem to support. Finally, even though
charts may not do what the Chartists and chart sellers claim, the action of ...
puter-based statistics and higher mathematics, it will do little for the ink-stained
Chartists whose work it would sometimes seem to support. Finally, even though
charts may not do what the Chartists and chart sellers claim, the action of ...
Página 132
Fifty-fifty either way. "If the random-walk model is a valid description of reality,"
says Professor Fama, "the work of the chartist, like that of the astrologer, is of no
real value." The random-walk fellows seem particularly out to get the Chartists.
Fifty-fifty either way. "If the random-walk model is a valid description of reality,"
says Professor Fama, "the work of the chartist, like that of the astrologer, is of no
real value." The random-walk fellows seem particularly out to get the Chartists.
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Why Did the Master Say Game? | 11 |
Mister Johnsons Reading List the dominant note of our time is unreality | 21 |
Can Ink Blots Tell You Whether You Are the Type Who Will Make a Lot of Money in the Market? | 35 |
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