Technical Analysis is Bullshit

Other than being bullshit, there is no real definition for technical analysis.

Technical analysts are usually hired at brokerage firms, because they generate a lot of trades and that generates commission for brokerage firms. [...]

No Free Lunch on Wall Street

Back in the day, bars used to serve free lunches. However, there was a catch, the food was loaded with salt. Customers who ate the salty lunch needed to buy beers to quench their thirst ending up spending a lot more for the beers than the lunch cost the owner. [...]