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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%Nov 24 3:59 PM EST

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To: Gary Burton who wrote (25799)10/28/1998 9:06:00 AM
From: Wildstar  Read Replies (1) of 70976
 
The reason I swung over to TA was mainly because i spent many years with the mistaken impression that the current fundamentals determine a stock's near term trading pattern as in if they're good the stock must go up etc.The trouble with that approach of course is that in a liquid highly researched stock, one is dealing with in effect perfect information and the buyers and the sellers know exactly the same thing--ie the price already reflects the information so why bother with FA at all.

I'd have to disagree. Like you said, the buyers and sellers know the same thing. The difference is in how you interpret what's already known to everybody.
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