What of the following statements are not true?

1. Since random walk theory states that past performance does not provide any useful information, believers of this theory cannot also believe in technical analysis 2. Believers of the rational expectations hypothesis do not believe in technical analysis because they maintain that investors learn from their mistakes 3. Believers in the weak form of the efficient market hypothesis maintain fundamental analysis has no value 4. Believers in the strong form of the efficient market hypothesis are likely to be active investors

1 and 2

1 and 4

2 and 3

3 and 4