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If the stock market is efficient with respect to the incorporation of publicly available information, then: fraudulent activity is not possible. technical analysis is likely
If the stock market is efficient with respect to the incorporation of publicly available information, then:
fraudulent activity is not possible. | ||
technical analysis is likely to be profitable. | ||
fundamental analysis is unlikely to be profitable. | ||
insider information is unlikely to lead to abnormal profits. | ||
charting a company's share prices is likely to be profitable. |
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