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There are some prestigious academics who do acknowledge the importance of
technical analysis. I'm thinking in particular of MIT's prestigious Dr.
Andrew Lo.
Allan
___________________________________
At 09:03 AM 5/14/98 -0700, Manning Stoller wrote:
>
>Dear Allan,
>I believe that you are absolutely correct.
>It is discomforting to have people making decisions with such a narrow
view of the
>world.
>How much evidence do the academics need to acknowledge that technical
analysis has
>its place?
>It will never happen, random walk is what they said 50 years ago and it
will never
>change. You can trace it back to their college days when their teachers
said it.
>
>Manning Stoller
<snip>
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