While technical analysis is still a growing field, the use of computers in designing, testing, and implementing these models has allowed for a dramatic increase in their accuracy and effectiveness. When properly applied, insight can be gained as to what is happening in the overall market and in specific investments such as:
•Major market bottoms and tops (when to buy and sell).
•The most appropriate buy and sell points for individual securities.
•Which sectors of the market are the top performers.
•Which international regions are outperforming others.
•When is the best time to invest new money.
|