### Comment:
If this was legitimate why wouldn’t institutions simply set up machine-learning bots to automate the fit-analysis millions of times faster than a human could do?

### REPLY:
High frequency trading is a thing, but it does not rely on TA, because TA is bullshit. They are mostly highly efficient market makers. Actual movement in stocks is either related to market sentiment, news, inside info, etc. or can also be just some institution deciding to buy or dump for unrelated reasons. Not something that squiggly lines have any chances of predicting. Actual working quantitative strategies like those of RenTec don't rely on short term trading.

### END.