What Do Hedge Funds Think of Technical Analysis?

[murray t turtle]

Really? Says who?

This is the definition of TA. No need to attribute your own interpretations to it.

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Good practical definition.
But for the few value type funds that occasionally do very well, Mr Buffet looks like he leads from something else, most likely fundamentals + book value stuff.
Includes but limited to his quote ESG= ''asinine'' ,
Stupid x9+ =asinine. Interesting he was honest enough to forecast he may never do as well as he has, i believe him on that also, not a prediction. One could argue value investing is a strange from of TA , i would not.
Actually any fund or any size trader would have to do very basic study of TA just to enter any order.
One derivatives broker/securities lawyer/ current professor of business joked; a random walker would never pick up$20 off the sidewalk because an efficient market would not allow that /LOL

 

[murray t turtle]

Why do you always need to end your sentences with "lol"? Seems a bit condescending, but maybe that's the point.

I maintain that every method which uses price history is technical analysis and within TA there is of course various subsets.

Personally, I think and believe that an experienced trader could be able to trade successfully using a chart alone, but that can be saved for another thread.

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I agree with most of that LOLEXCEPT I dont thinks its condescending;
its actually quite good for your health to laugh a lot= lol
''CHART alone'' profits or price + volume alone profits ?? Maybe mostly possible , but i have to wonder if you really would do that??
PeopleSoft trend same as US Steel as MSFT trend not likely. You may say well not the exact same on charts; well 1st + last was quite similiar for a while .
Not a stock tip or LOL here