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With the long term track record of trend followers in the markets, proven time
and again (but this year they are lousy).
Was thinking maybe the academics will do a Jane Fonda (as in Hanoi Jane), that
is, if they are willing to step down from their ivory towers. At least some
questions about the market will be cleared up.
Gaius Marius wrote: Last year, 2 academics did a study for the Federal Reserve
that validated
> the "head and Shoulder" pattern.
>
> I wonder, what ever happened to the efficient market theory as espouse by "A
> Random Walk down Wall St." and the "modern" portfolio theory? Any notable
> body out there still peddles the "modern" portfolio theory, besides the
> business schools?
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