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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Cheeky Kid who wrote (33565)5/15/2000 1:19:00 PM
From: Atin  Read Replies (1) of 63513
 
TA isn't one thing -- it is analysis, just like any other kind of analysis, it is open to interpretation. Even fundamentals can be read differently by different people, otherwise every analyst out there would have exactly the same rating on every stock out there. Same idea.

Use both, use what you are comfortable with, use what makes you money. TA has made a lot of people money -- using only fundamentals would have kept you out of one of the most fun bull markets we've hit in history because everything has been considered overvalued by the most rabid fundamental analysts. Use what works for you.

It is a market, markets have buyers and sellers, measuring and predicting buying and selling is what technical analysis is about. Even the astrology factor would get taken into account if you're measuring buying and selling if the practitioners are significant enough!

-Atin
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