In seen an explosion 100 years, no one from modern financial economics have conducted any extensive study of price movements at every single one. It was assumed to be random until a short while ago. For some reason, if you say anything suggesting that price movement isn’t random, you would be damned on your academic friends. It is like Galileo suggested how the Earth rotates around sunlight. It was a crime. Maybe it may be the nature of human – those in which have something reduce would do what’s required to stop others rocking their canoe.
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