Talk:2101: Technical Analysis
Revision as of 13:55, 21 January 2019 by 172.68.144.145 (talk) (For a comic lampooning candlestick trading there isn’t much mention on candlestick patterns - although as it is arguably trying to see patterns in noise, it wouldn’t do much)
The Tobin citation comes from James Tobin's Fred Hirsch Memorial Lecture "On the Efficiency of the Financial System" in 1984 [1].
The explanation says “allego” and “prologue“ are “musical terms such as may be used in the introduction of a performed piece”. That may be true of “prologue” but “allegro”, according to Wikipedia, is “a tempo marking indicate to play fast, quickly and bright”. 108.162.219.58 11:40, 21 January 2019 (UTC)
- And, derived from this, a movement of a piece that is performed quickly may be referred to as an allegro. It can also be used to refer to an entire piece, such as this piece by Mozart: [2] Kazzie (talk) 12:00, 21 January 2019 (UTC)
How would this compare with “candlestick patterns” - the bathtub one looks like a funny name for a pattern *meant* to signal that prices could rise https://www.investopedia.com/articles/trading/06/advcandlesticks.asp. 172.68.144.145 13:55, 21 January 2019 (UTC)