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Do Technical Analysis and Charting Work? Can Technical Analysis and Charting make me money? Is there any Secret Formula for Success in Trading? These are the questions which are always on every trader's mind. There are many documented success stories of individuals who win big year after year, using technical trading methods exclusively.There's Ed Seykota, who multiplied his clients’ accounts by 2500 times(250,000%) in about ten years and Michael Marcus, who parlayed a $30,000 initial stake into $80 million. Another famous trader, Larry Williams, who won a national trading competition in 1987 by multiplying $10,000 into over $1,000,000 in one year. He subsequently wrote a book titled, How I Turned $10,000 Into $1 Million in One Year. Is there any Secret Formula to make such money? Did these gentlemen discover the secret to riches? Not according to them. Each of these traders said they use technical methods, almost exclusively. If you read their interviews, you will find that e

The Sensex didn't perform as well in 2010 as it did in 2009. In 2009 the Sensex returns was 77% and in 2010 it was just about 18%. But some of the individual sectors performed better than the benchmark index. The top sectoral perpformances came from the consumer durables with a spectacular 64% return, followed by the auto sector and the healthcare sector which posted an impressive 33% returns each.The biggest loser was the realty sector,down about 25% and the power sector fell by 7%. So, going forward, what is the outlook for equity markets and other investing opportunities in 2011? One of the most important things to look at for 2011 is where to invest. Should one choose Stocks, Bank FDs or Commodities like precious metals? Equities: There is no doubt markets are fairly valued on FY11 Sensex EPS numbers and Investors entering at current levels have not big upside left. But for a longer time horizon , there is for scope for making gains, based on FY12 numbers. The Sensex EPS esti