RE:RE:RE:RE:Technical AnalysisCytochrome - to be fair, there are so many books about famous successful investors who used charts as an important part of their investment decisions. For example, William J O'Neil and his Investors Business Daily (IBD) is recognized as one of the best investors of all time. I think learning to read charts is like learning to master chess successfully - it takes many years and you will still find someone who can beat you occassionally.
Keep an open mind perhaps and study the patterns. I am surprised how many differnt strategies work for different people in trading stocks. On the other hand, buy and hold works best for many who invest and just want to collect dividends and/or do not have time or inclination to study such patterns.
Just my two cents. GL