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CAIRO BOOKS's Description
A comprehensive history of the evolution of technical analysis from ancient
times to the Internet age
Whether driven by mass psychology, fear or greed of investors, the forces of
supply and demand, or a combination, technical analysis has flourished for
thousands of years on the outskirts of the financial establishment. In The
Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets
to Bloomberg Terminals , MIT's Andrew W. Lo details how the charting of past
stock prices for the purpose of identifying trends, patterns, strength, and
cycles within market data has allowed traders to make informed investment
decisions based in logic, rather than on luck. The book
Reveals the origins of technical analysis Compares and contrasts the Eastern
practices of China and Japan to Western methods Details the contributions of
pioneers such as Charles Dow, Munehisa Homma, Humphrey B. Neill, and William D.
The Evolution of Technical Analysis explores the fascinating history of
technical analysis, tracing where technical analysts failed, how they
succeeded, and what it all means for today's traders and investors.