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


To: Jerry Olson who wrote (9177)3/25/1999 5:27:00 PM
From: Sun Tzu  Respond to of 99985
 
I am of the opinion that TA and FA by themself are useless; you have to combine them together if you expect to be successful. I remember resisting the urge to buy into HOW rally when it broke above a long term resistance level, because I did not (and still don't) like their fundamentals. Less than two week later the gapped down like there was no bottom on a negative pre-announcement.

JMO
ST