ACI Philippines The Financial Markets Association Sechnical Analysis Seminat JONATHAN L. RAVELAS Chief Market Strategist, BDO 23-24 November 2006 Rm, 528, Yuchengco Tower, RCBC Plaza Ayala Avenue, Makati City pravelas MEE Members nehNiccolo Machiavelli (1469-1527) * "Wise men say, and not without reason, that whoever wishes to foresee the future must consult the past; for human events ever resemble those of receding times. This arises from the fact that they are produced by men who have been, and ever will be, animated by the same passions, and thus they must necessarily have the same results."Outline * Introduction to Technical Analysis * Other Technical Tools ® Elliott Wave Basics ~ Types of Waves ~ Rules and Guidelines ~ Trading the Elliott Wave Principle * Conclusion/Summary What is Fundamental Analysis? * Fundamental Analysis is a method of forecasting the future price movements of a financial instrument based on economic, political, environmental and other relevant factors and statistics that will affect the basic supply and demand of whatever underlies the financial instrument.