Technical Analysis Vs. Market Research

#1
Hey friends, This is a question almost all people ask me after they see me performing technical analysis on a stock on AmiBroker at home...

A friend recently pointed out that technical analysis warks at it's best when you are using it to work ahead of market corrections to stock price during intraday trading.

What do you guys think, after all, due to uncertainties present in the real world, I think the mathematical model cannot be reliably applied to long term strategies.

Your opinions are valuable.... please post.
 

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