Expert: Dr. Joseph de Beauchamp - 8/23/2006

Question
In the stockmarket technical analysis, what do you mean by stochastics and MACD analysis?

Answer
I do not believe in technical analysis. It is all about the past price behavior of stocks. You are probably seeing is some numbers game, and statistical theory that the past will be repeated in the future. This is simply a number grinding measure to say that the price of the stock moves up, then it ALWAYS will. It does not happen this way.

Dr. Joseph deBeauchamp