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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (16496)3/25/1998 2:06:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
Jan...
Paul cares not a wit about charts, volume, trends, etc. He is a Value FA guy. He and few others went off on the thread yesterday on a TA or not to TA discussion for about 100 posts yesterday till everyone came unglued and blew the discussion off the thread...As near as i can tell from his posts, if the fundamentals look good, then he will buy. if the stocks dropos 50% the next week it's ok cause he is looking way long....at least 2-3 years I guess. I 'm not gonna put words in his mouth, this is just my interpretaion of the FA thing he espouses.

Personally, I did that in Oct. with the drillers and at the time I knew zilch about TA. If I hadn't started learning(and very quickly) I would be still be in FGII at 44(!).

Fundamentals aren't the only influence on stocks. However, IMO at least it gives the investor assurnace that there is a bottom as the stock is falling>g<

PK