Technical Analysis


Definition of Technical Analysis, from E-Analytics

"The stock market or any market never reflects what its true value is. It reflects investors perception of the value or what people think it is worth... A technical analyst doesn't look at income statements, balance sheets, company policies, or anything fundamental about the company. The technician looks at the actual history of trading and price in a security or index. This is usually done in the form of a chart... The technical analyst believes that the market price reflects all known information about the individual security. It includes all public and insider information. The market price reflects all the different investor opinions regarding that security. ...the technical analyst believes that securities move in trends. And these trends continue until something happens to change the trend."


TA Resource Sites

E-Analytics. A good source for beginning technical analysts to learn about TA.Also contains TA software and links.

Daily Stocks. A good site for charting stocks. Also contains quotes and company news links.

Silicon Investor A forum for investors, concentrating on technology stocks. Learn from the best.

Advanced GET. Home of Objective Elliot Wave Analysis & more.

Interactive Quote. Quotes & more.

Worden Brothers Online. Home of TC2000. (See below)

Candlesticks. Very good page on the Japanese candlestick method.


Newsgroups

Fortress Newsgroup. Lots of TA info. Great for beginners. Answers a LOT of questions.


Charting Software

TC2000. The grandaddy of them all. DOS program from Worden Bros.

Omega Research. Home of Supercharts, Tradestation, Wall Street Analyst, and more.

Windows on Wall Street. Great Windows-based program.

Metastock. Has a free downloadable demo.

OmniTrader. Also has a downloadable demo.

Compuchart

Quotes Plus

Download.com. It's free! Try BB Stock Tool or Wall Street Analyst.

Ensign Software

Trader's Access


Reading Lists

Reading List. Posted by "Richard" on Silicon Investor 10/20/1996. Very Good List.


Individual TA'ers Home Pages

Jenna. A great page from a TA stock picker. Check it out!

Andy Gabor. Has a lot of info on TA, from some people who really understand what they're talking about. Really.

Dave Evans. Dave is an excellent teacher of TA, his page is very straightforward and a great place to learn about TA.

Chris Chang's Page. Lots of good links and info from another good picker.