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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: TokyoMex who wrote (6407)11/21/1997 6:12:00 PM
From: j rector  Read Replies (1) of 31646
 
Obviously Ray doesnt understand time series analysis,
the efficient market hypothesis, or anything else for
that matter if he thinks that TA is worth anything.

TA is absolutely worthless (as far as I know, none
of the academic studies undertaken to evaluate TA
have ever demonstrated anything more than random
correlation) and is perpetuated by a bunch of
snake-oil salesman.

Flames Welcome!
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