Are Markets Random or Not?

I've read many text on how people think market prices move randomly. This means that past price movements have no predictive value... So does this mean most of the financial professionals have no value in doing their jobs? Indeed this is something that academics would like to believe, thinking a simple buy and hold strategy is the best method to profit from markets. They also believe that there is no benefit of utilizing fundamental and technical analysis.

I'm sorry... I don't think markets are that simple. Their theories about how nobody can beat the market is ridiculous. People need to start thinking "outside the box" and realize that markets are not so random. Value can be found, especially when all the analytical tools are simultaneously applied.