We know now that it is theoretically impossible for such an approach to work, but years ago we were totally intrigued with this incredible tool. ... Technical analysis is an attempt to predict the performance of a security or commodity by looking for patterns in price movements. ... using a pencil to draw lines on chart paper ( hence the name charting) for daily price movements of whatever you were trading.
|Title||:||Wealth Management in the New Economy|
|Author||:||Norbert M. Mindel, Sarah E. Sleight|
|Publisher||:||John Wiley & Sons - 2009-12-30|