Re: Why are value investor types so rigidly opposed to TA?
The are a few problems with TA (all of which are really the same thing):
1) There are a variety of definitions of TA, many of which contradict each other.
2) No one can ever explain why TA (regardless of definition) should work, only that "it just works". Which by the way, is a viewpoint sorely lacking in evidence.
3) As mentioned, it is kind of curious that all of the long term great investors practiced some variation of FA.
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