1. The concept of a random walk in stock prices is bizarre and implies totally irrational behaviours by the investing public. Nothing could be further from the truth than random walk. Prices are related to fundamental economic worth. Comment.
2. “Most of the technical indicators make sense when examined individually but when one examines many technical indicators simultaneously, the interpretation of their collective meaning is often c contradictory and confusing.” Comment.
3. How do operators on a stock exchange affect the economic life of a nation? Is it necessary to control the s tock exchange in the present situation? Give your views.
4. Why should an investor diversify between short term and long term securities? Is it difficult in today’s market to obtain a generous income from a investment portfolio without sacrificing quality? Explain