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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (9175)2/9/1999 9:05:00 AM
From: David R. Evans  Read Replies (1) of 12039
 
Hello Richard,

Thanks for the kind words..... I appreciate them....

There is nothing wrong with FA if it's used along with TA.... I would tend to agree that stocks will go up if they continue to increase earnings. You run into problems when you EXPECT the price to go up and it does not.... How would you use FA on the Internet stocks???? How many stocks out there have excellent P&Ls yet the price of their stocks DO NOT go up.... Yes, they may go up in a year or so BUT you can use TA to pick them out when they do...

If you like FA then use it to build your database but only use TA to select entry and exit.....

Dave Evans
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