Technical Analysis?

Stock picking is part science, part art, part luck, part intuition, and always uncertain - "not precisely knowing."

In my own words, Technical Analysis is not limited to just Chart reading, it also includes analysis of breaking news or related news and how will it affect buyers and sellers sentiment; and those staying at the sidelines.

E.g. Breaking news of Dubai World crisis. Do you panic upon hearing and quickly sold all your positions or you are smiling at new opportunities to accumulate more?

You have keen eyes on sectors and stocks rotation in the market.

You watch out for emerging market leaders.

You play on laggards catching up with market leaders.

You play on news release of  US economics and market indicators.

and many more...

Isn't these technical analysis as it don't deal with numbers crunching?