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<p>[QUOTE=&quot;desertgem, post: 1168335, member: 15199&quot;]I think of technical analysis more as evaluating the market sentiment rather than the future. Many indicators such as even a simple daily candlestick can give indications as to how the market views the current value of a stock or commodity. Not so much in d$$ in the future, but rather if it is acting bullish or bearish trend. Most indicators are similar. Only fools and analysts tend to put it is $$ values rather than trends.If you can improve your investment history from 50% to 60%, you can become very happy, but one has to understand what a technical asset is showing before one can use it to improve their success ratio.</p><p><br /></p><p>Many brokerages offer a paper-trade account, so one can practice looking at various techniques. TDAmeritrade has a fantastic array of information and technical indicators. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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