SPOOZ Inc (SPZI)

[songbirdia]

I have mixed thoughts about technical analysis. It only shows the past - and you are right, MC, it is reactionary. It shows how investors react to variables connected with the stock, as well as overall economic conditions and events. TA cannot forsee key fundamental events, and in that way, I don't think you can accurately predict pps from TA alone.

I guess technical analysis is a measurement of sorts of investor psychology - and perhaps investor behavior is predictable to an extent.

Just some thoughts! All IMO.