Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

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To: .Trev who wrote (383)	12/13/2000 10:18:29 PM
From: bobby is sleepless in seattle	Read Replies (2) of 5732

One of the beauties of technical trading is not having to know anything about the company as the complete story unfolds with the picture painted by the charts. I too, hadn't heard of the company before (although it's quite possible i've traded it in the past!) today. for the most part, however, give me a dash of solid fundamentals and this helps for confidence. Better to trade the techno-fundo's...those with strong fundamental backing with the preferred trader setup. But the true technician will not wilt at trading chicken scraps selling with market cap of 20 billion or so with no PE in sight. In fact, we traded chicken scraps for several years that fit those credentials,,,,we just called them internet stocks!

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