When Maurice Kendall of the Royal Statistical Society first examined share price patterns, in 1953, he found that
A. stocks whose prices had increased consistently for one week tended to have a net decrease the following week
B. certain patterns tended to repeat within business cycles
C. there were definite patterns technical analysts could have used to make a profit from trading on the stock market.
D. stocks whose prices had increased consistently for one week tended to have a net increase the following week
E. there were no predictable patterns in stock prices.