Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260316193
Author: Bodie
Publisher: MCG
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Chapter 9, Problem 10PS
Summary Introduction

To determine:

Meaning of data mining and why technical analyst should refrain from engaging into it.

Introduction:

A technician or technical analyst in finance refers to the researcher that works over securities to conduct an investment analysis on the basis of past technical indicators and market prices. The technical analyst believes that the movement in price in the short term is all due to the forces of demand and supply in the market for a particular security.

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