For what ever reason (I think it has to do with most investors being predictable and Bay/Wall Street types being too busy doing their jobs to actually focus on fundamentals along) the Technical Analysis Stuff does tend to drive the Brokerage Houses' day to day decision making while fundamentals guide the longer term. The result is something like the experience we have been having. Then there is the Hot Money crowd and Hedge Fund types who on the main really know nothing about everything and rely on being quick and cleaver. The Markets being so big overall and having so many choices/options to ever try considering, Mathematics is now, ever more a driving force. And Mathematics applied is based on analysis of the past (pattern recognition)and theories of HUMAN NATURE mathematically described. Old Joe PS: There has (needs) to be someone out there who has a 'Handle' on it all or else we are all in the 'cup'(think crapper).