问题
单项选择题
A basic assumption of technical analysis in contrast to fundamental analysis is that:（）
A. security prices move in patterns, which repeat over long periods.
B. aggregate supply of and demand for goods and services are key determinants of stock value.
C. a stock’s market price will approach its intrinsic value over time.
答案
参考答案：A
解析：
The difference between fundamental analysts, technical analysts, and efficient market analysts is the speed at which these analysts believe news is impounded into prices. Technicians believe the reaction is slow, fundamentalists feel prices adjust quickly, and efficient market hypothesis analysts feel it happens almost instantaneous.