I think thats spot on. Except I would add - fundamentals contribute to hold period and more importantly, position sizing. Of course, calling market turns with fundamentals is foolhardy. Better to let fundamentals influence the above only when confirmed trend is in place.
To answer the OP. And I don't intend to be rude - but who cares? Certain subsets of TA will work regardless of academic recognition, or not. Doesn't matter to me.
i've considered teaching a course in the stock market at a local university in a few years. i have contacts, enough education, and obviously real world experience. most of my course would NOT be on fundamentals. but it would be a combination of technical analysis and psychology. i've found that both parts are necessary to be successful.
The essential ingredients of TA can be learned in less than a month. I could see universities offering a laboratory 4 year degree in practical application though.
I would say that my account performance over a very long period of time would be a very good statistical test.
Recent academic TA paper in the Journal of Wealth Management: "A Quantitative Approach to Tactical Asset Allocation" http://papers.ssrn.com/sol3/papers.cfm?abstract_id=962461