You want to hang out with him because everyone else does. It's nice to go out with him because you can always boast about your conquest to your friends later. Chances are, you'll be the one who gets conquered - especially if you fall in love with him. So enter with caution. These are people who believe that the story is in the charts - every little move.
Technical analysts can come up with the most wonderful stock predictions using charting tools.
They believe that the charts of a stock show a trend, and if you can plot the trend line correctly, you will be able to predict the future. Technical chartists are like people who love tinkering with their cars, not actually driving them. They are the ones whose heads are usually under the hood, or under the car - seldom inside and driving the car. But historical charts are useful as they show you how volatile the stock has been in the past and where the peaks and the troughs are. As an investor, if you're considering buying a stock, after studying the fundamentals of the stock, you should also take a look at the historical price chart of the stock to see it's price movement.