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Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
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Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

by Michael N. Kahn
June 2006
Beginner
352 pages
7h 6m
English
Pearson
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

Chapter 37. Debunking the TV Analyst

This is where the analyst is separated from the analysis. The technician appearing on a television news show to discuss the market is most likely an experienced practitioner of technical analysis. This is probably someone who has a good track record picking stocks or trading commodities, has written a book or two, and looks forward to a nice bonus from the firm at the end of the year. The bottom line is that the analyst on TV is probably good at the job.

“You looked good, but I didn’t understand a thing you said.”

However, being interviewed on TV is not a job. Like it or not, even the most stodgy of business television shows is more interested in ratings than in dispensing good investment advice. Of course, ...

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Publisher Resources

ISBN: 0131345974Purchase book