Academic Studies Tend to Discredit the Validity of Technical Analysis

question 41

Multiple Choice

Academic studies tend to discredit the validity of technical analysis.Which of the following is true?

• A)This can be viewed as support technical analysis.
• B)It can be rational for individual traders to use technical analysis-if enough traders use technical analysis the predictions based on it can become self-fulfilling to some extent,at least in the short-run.
• C)The statement can be explained by the difficulty professors may have in differentiating between technical analysis and fundamental analysis.
• D)none of the options

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Definitions:

Fugitive Slave Law of 1850

Part of the Compromise of 1850, this law required citizens to assist in the capture of runaway slaves and denied fugitives the right to a jury trial.

Northwest Ordinance

A law passed in 1787 by the Congress of the Confederation of the United States to create a structured process for territories in the Northwest to become states.

Missouri Compromise

A legislative agreement passed in 1820 between the pro-slavery and anti-slavery factions in the United States Congress, involving primarily the regulation of slavery in the western territories.

Dred Scott Case

A landmark Supreme Court case in 1857 that held African Americans, whether enslaved or free, could not be American citizens and therefore had no standing to sue in federal court.