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Strategies & Market Trends : Value Investing

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To: tsigprofit who wrote (21807)7/31/2005 12:57:26 AM
From: Spekulatius  Read Replies (3) of 78659
 
tris - you follow charts? I don't know anybody who does charts and makes much money in the markets. I heard of quite a few people who went broke doing Elliot waves and Fibonacci's. I do look at charts to find area's of support when i buy, that's about it. Mixing fundamental analysis with charts does not work well either, at least not for me. How could C go down to 32$? This would be a PE of 8 and a 5.5% dividend yield. If my fundamental guess that C's business is healthy that is not likely to happen.

Chart's have been around for such a long time and so many people are following them, that's it's unlikely to make any money with them.
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