Which of the following accurately summarizes the empirical evidence about technical analysis?
A) Technical analysts fare no better than other financial analysis-on average they do not outperform the market.
B) Technical analysts tend to outperform other financial analysis, but on average they nevertheless underperform the market.
C) Technical analysts fare no better than other financial analysis, and like other financial analysts they outperform the market.
D) Technical analysts fare no better than other financial analysis, and like other financial analysts they underperform the market.
Correct Answer:
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