This is a related thread to "Random OR Non-random Walk?" posted in
http://www.moneytec.com/forums/showthread.php?t=17380
Since Fama's ground breaking research work suggesting that the stock prices in the market is random [1,2], we are blessed with exponential computing power enabling the next generation researchers a powerful tool for conducting simulations and experiments [3,4,5].
As part of my literature review on technical analysis (both pro camp & opp camp), I've put together several empirical research results relating to TA. If you know of any good empirical research publications relating to TA, would appreciate if you could share with us.
Am still compiling my portion and will make the available my limited materials for download early next week under this thread.
Thank-you in advance.
References:
1.
http://www.ifa.com/Media/Images/PDF%...RandomWalk.pdf
2.
http://www.investorhome.com/emh.htm
3.
http://www.amazon.com/gp/product/069...83155&v=glance
4.
http://pup.princeton.edu/books/lo/
5.
http://www.pupress.princeton.edu/titles/5904.html