It seems to me that "technical analysis" is a self-made prophesy. At first, it doesn't seem to make sense how anyone could possibly know what a stock is going to do (what buyers and sellers are going to do) just by looking at what happened in the past. Yet, so many investors gauge their decisions more on the technical charts than on the fundamentals. If the majority of investors did not have so much confidence in that method, it would no longer work. It's sad that investors who actually care about helping a company are getting fewer and farther between. Sure, we want to make money, but investors should be loyal and passionate about their company's success. IMHO.