technical analysis

what a turbulant period we are as a participents of stock-markets watching through !!!!!...learned masters of the great subject technical analysis,,like john murphy,adwerd & maggie,steve nisson,martin pring,,and most others illustrated the effects of human psychology and especially greed and fear in details in their master works,, years back on the stock market behaviour and vow !!!!!! we are watching these factors working live...erosion of wealth of common investor on such a massive scale is really very very sad..a speculator who trades blindly and against the trend can easily loose his entire life time savings in only a few days,,like these...i have been taking a class recently to teach technical analysis to a few young generation traders since last 20 days, beyond general technical analysis i gave importance to greed & fear and the real psychology of markets in last few days,,the impact of my teaching was so good that they virtually stopped trading in the manner they were used to ...and all in their own words saved atleast 2-3 lacs of rupees....hates off to the great subject !!!!!!!