By Prof. Aswath Damodaran
Summary:
• The Basis for Price Patterns
• Serial Correlation in Short-period Returns
• Returns on Filter Rule Strategies
• Long Term Serial Correlation
• Explanations for the January Effect
• Volume and Price: The Evidence
• A Sobering Thought for Believers in Rationality
• Markets overreact: The Contrarian Indicators
• Technical trading rules: Contrarian Opinion