@ThomasTheApe,
ThomasTheApe wrote:
So you're saying that you think that all markets (not just stocks) are perfectly efficient, and there is no point trying to analyze data?
First, I don't know where you got the idea that I made any claims about the relative efficiency of markets.
Second, what does the relative efficiency of markets have to do with the purpose of data analysis?
Quote:But also, since you say that "everyone" is looking at the same data, I would say that...
When did I say that everyone is looking at the same data?
Quote:1. Not everyone looks at this stuff in the first place.
2. There are people who control a lot of money (think BlackRock, Vanguard, etc.) that actually move markets. But the average individual investor will have no affect on the market.
There are emergent patterns among seemingly-disconnected individual investment behaviors. Think how a flock of birds flows in patterned ways, with some birds joining or leaving the flock to join with others and join into other patterns.
