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Technology Stocks : Semtech (Nasdaq:SMTC)
SMTC 76.07+0.7%Dec 26 9:30 AM EST
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To: Yogizuna who wrote (1141)8/24/2000 11:45:11 AM
From: The Ox  Read Replies (1) of 1225
 
As we know, TA doesn't reflect FA. It only shows what's happened in the past and attempts to project the future based on key data. It certainly does not reflect issues like SMTC growing earnings over 120%yoy and sequential bookings up 16% from the previous quarter.

I think TA is a great tool to use when attempting to find entry and exit points. I also believe that when it's used in combination with fundies it greatly increases it's value.

Good luck,
Michael
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