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#7: Helene Meisler on Good, Old-Fashioned Technical Analysis

Superinvestors and the Art of Worldly Wisdom

CHAPTER

Do Technicals Work Because They're Intrinsically Work or Do They Work Because People Use Them?

When I scan through them, I'm looking for certain patterns and things that I recognize in the past. And I skip over all the ones that don't meet that criteria. More often than not, everything that's known is supposedly already priced into the market. You know, what could take the market down? Well, I don't know if we knew how to do it. It'd be priced in already.

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