3 ms·
>Technical analysis is the ultimate dumbification of market structure and dynamics Technical analysis is the macroeconomics (macroeconomics, the discipline tau
by hammock 3y ago
>Technical analysis is the ultimate dumbification of market structure and dynamics
Technical analysis is the macroeconomics (macroeconomics, the discipline taught in school etc) of the stock market! It’s like drawing aggregate demand and supply curves and imagining that they move around monolithically as they drive the economy. Tail wags the dog
- napoleon_thepig 3y agoI don't think you understand macroeconomics (or the undergrad level curves you're mentioning)
- btilly 3y agoThe "tail wags the dog" bit makes me think that the commenter understands both. And shares my distain for macroeconomics.