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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (35907)2/1/2004 9:37:18 AM
From: longdong_63  Read Replies (1) of 36161
 
"Whatever happened to FA? Fundamental Analysis, value for money?"
FA's downfall to the retail investor is the timeliness of the flow of information. You are at an unfair disadvantage to the houses and always will be. Reg FD? Yeah right! I work at a major house and I can tell you it is nothing more than a PR front. TA on the other hand, everybody sees the same picture at the same time. You have different interpretations of that picture but it is still the same picture for everybody. That seems fair to me....you are the same as the houses. You have an equal chance. Also with FA, you have to trust the integrity of the company reporting the information as well. Take ENE and WCOM for example. All the FA in the world got tipped upside down there. However, TA would have told you to stay away as supports were being broken left and right. Dunno...I ultimately like a mix..90% TA and 10% FA.
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