p 475 PWIQF and likewise p 640 PWOQF in PDE for Merton's asset value model the final term should be -rV not -rA

<t>As to why TA has such a bad name, while AT is not merely respectable but even sexy, I think the difference is that the "model discovery" in TA has traditionally relied on human intuition such as "visual pattern recognition" (head-and-shoulders anyone?), whereas AT is typically based on more quant...

Is the thesis available? I'm intrigued since I've seen little to no serious evidence to support technical analysis, despite the fact that it is still widely used, even by some in the mainstream investment banks.

<t>I always thought so too but here is a paper with credible authors that apparently sees some legitimacy in support levels: Lin Wang and Paul Wilmott (1998) Support and Resistance Levels in Financial MarketsThis is just an abstract; I haven't been able to locate the article but I expect Paul might ...

<t>Would appreciate a good reference for calibration to term structure and volatilities using a trinomial lattice.I've looked at some references -- eg Hull & White's original paper, Financial Analysts Journal November/December 2001, Vol. 57, No. 6 : pp. 34-43 -- but they seem to suggest that one...