The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals
A comprehensive history of the evolution of technical analysisfrom 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, technicalanalysis has flourished for thousands of years on the outskirts ofthe financial establishment. In The Evolution of TechnicalAnalysis: Financial Prediction from Babylonian Tablets to BloombergTerminals, MIT's Andrew W. Lo details how the charting of paststock prices for the purpose of identifying trends, patterns,strength, and cycles within market data has allowed traders to makeinformed investment decisions based in logic, rather than on luck.The book
The Evolution of Technical Analysis explores thefascinating history of technical analysis, tracing where technicalanalysts failed, how they succeeded, and what it all means fortoday's traders and investors.