If investors can consistently profit from thorough reading of published financial information, then the market can, at best, be characterized as:

Question 33 options:

	weak-form efficient.
	semi-strong-form efficient.
	strong-form efficient.
	inefficient.

An analyst who relies upon past cycles of stock pricing to make investment decisions is:

Question 34 options:

	performing fundamental analysis.
	relying upon the strong-form of market efficiency.
	assuming that the market is not weak-form efficient.
	relying upon the random walk of stock prices.