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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (30730)1/5/1999 12:22:00 PM
From: Dan B.  Read Replies (2) | Respond to of 33344
 
I must say, theres the rub with T.A. << If the market agrees with your
analysis of the future fundamentals for NSM, then the stock will move up and the
chart will look good. >>

In your example fundamentals moved the stock. TA chart looks good only later. TA chart didn't see it coming and so was indeed irrelevant. I believe the relevance of TA is only in that a herd of investors will follow it barring other news, results, and etc. Fundamentals always overshadow TA where large moves are to be predicted- IMHO