Q1. One of the underlying assumptions of technical analysis is that supply and demand is driven by: A) rational behavior during calm markets and irrational behavior during volatile markets. B) rational behavior only. C) both rational and irrational behavior.
Q2. One of the assumptions of technical analysis is:
A) supply and demand are driven by rational and irrational behavior. B) all analysts have all current information. C) the market is efficient.
Q3. Technicians believe that the speed at which information is impounded into prices is: A) instantaneous. B) slow. C) very fast.
Q4. Two basic assumptions of technical analysis are that security prices: A) move in trends that persist for long periods of time, and liquidity is provided by securities dealers. B) move in trends that persist for long periods of time, and market prices are determined by the interaction of supply and demand. C) adjust rapidly to new information, and market prices are determined by the interaction of supply and demand.
Q5. Which of the following statements regarding the speed at which analysts believe stock prices reflect new information is most accurate? A) Technicians believe that prices adjust quickly to new information. B) Both technicians and followers of the efficient market hypothesis believe prices adjust quickly to new information. C) Followers of the efficient market hypothesis believe prices adjust quickly to new information.
Q6. Which of the following statements about technicians is least accurate? Technicians believe: A) price adjustments occur rapidly in response to new information. B) market value is determined by supply and demand. C) their job is to detect the beginnings of trends, not to predict them.
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发表于 2009-1-13 16:30
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