Poll : Chart , Fundamentals , or Both ?

[billyjoe]

Do you buy stocks based on a great looking chart, top fundamentals, or both ?

[Gatorman]

Welcome back. Have missed your contributions.
I use both when buying and, usually, TA when selling.

[IIC]

Great to see you Billy...I voted both which is my preference...although for quickie trades I don't really care much about fundies...Doug(IIC)

[Lyehopper]

BILLYJOE!!!! Dude! Welcome back!

I need both....

But.... trying to short sell a poor fundamental stock that has a great chart?.... is MURDER!!!! Just look at NRPH and ESLR lately. OUCH!!!!

[Runner]

I only look at the chart and could care less of the fundamentals of the stock. Most picks I do I could not even tell you the name of the company or what they do..

[grebnet]

Mostly Fundies

I narrow my picks entirely on Fundamentals, but will base my buying on the way the chart looks. I do not have near the technical experience as most on these boards . It is working very well this year.

[IIC]

I narrow my picks entirely on Fundamentals, but will base my buying on the way the chart looks. I do not have near the technical experience as most on these boards . It is working very well this year.

I pretty much think you got it right...Buy the Best Fundamentally Sound companies when the technicals are right...I personally think that is a winning combo for Swing and Intermediate term trades...Doug(IIC)

[billyjoe]

I consider myself a FA guy, but wouldn't buy a stock with great fundys and a crummy chart. Spike talked me into a stock with a great chart but lousy FA (BEL) and it has worked out well so I'm trying to keep an open mind on this subject.

billyjoe

[mrmarket]

I'm clearly in the fundamental camp but I won't buy a stock unless it's got very good unfettered quantitative momentum. So in that regard, I do look at what a chart is saying although I would argue I am concentrating more on a longer term horizon than most of the TA guys who reside here.

[IIC]

I'm clearly in the fundamental camp but I won't buy a stock unless it's got very good unfettered quantitative momentum. So in that regard, I do look at what a chart is saying although I would argue I am concentrating more on a longer term horizon than most of the TA guys who reside here.

What the H*ll!!!...I put unfettered quantitative momentum in Google and this comes up:

http://www.4physics.com/phy_demo/QM_Article/article.html

Now I'm more confused than ever...LOL

[TFred]

Greetings,

As a person who uses both,I often wind up ignoring FA and TA when it looks too good,and wind up regretting it.Case in point,looked at CME a couple years ago,in the 40s,FA said buy,TA said buy,but at 40, emotions kept me from buying,waiting for that magic moment that would signal ''buy now''.Well the rest is history 450 points later.

Im at the point now of tossing one or the other,just to keep from being confused by the overload of data.I turned 25k into 34 k last year in my 7 year old daughters acct simply buying and selling Canroy dist swings.Why I stopped seems stupid,it got boring,and isn;t as exciting as trying to catch a HANS or CME.Almost 40% aint bad for a white boy.

cordially Tom

[IIC]

Greetings,

As a person who uses both,I often wind up ignoring FA and TA when it looks too good,and wind up regretting it.Case in point,looked at CME a couple years ago,in the 40s,FA said buy,TA said buy,but at 40, emotions kept me from buying,waiting for that magic moment that would signal ''buy now''.Well the rest is history 450 points later.

Im at the point now of tossing one or the other,just to keep from being confused by the overload of data.I turned 25k into 34 k last year in my 7 year old daughters acct simply buying and selling Canroy dist swings.Why I stopped seems stupid,it got boring,and isn;t as exciting as trying to catch a HANS or CME.Almost 40% aint bad for a white boy.

cordially Tom

A lot of trading is boring...If I had my way and had no worries in the world...I'd strictly trade news...That gets the adrenalin flowing...although it is still boring waiting for the news...IIC

[mrmarket]

Talk about boring...value investing is probably the wisest way to go, but the wait can be excruciating....that's why I hardly ever do it (unless it's a stubborn MM pick).