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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (27364)9/26/1999 4:51:00 PM
From: Sergio H  Read Replies (2) | Respond to of 99985
 
<Well I was out before the 87 correction, were you?>

Hi LG. I remain fully invested most of the time, and was fully invested in '87. Congratulations on your ability to time the market.

Although I am primarily a fundamentalist, I don't discount TA. I think that both disciplines have something to offer, but no system is going to offer guaranteed accuracy. For example, while a fundamental study will allow the identification of an undervalued stock, it doesn't predict that the market will recognize the underlying value in that stock. Similar problems arise when using strictly technical indicators to play the market.

I have this thread bookmarked and value the work that is being offered here. Thank you for your efforts as well as the work of some of the other contributors.

Sergio