RE: Market TodayI am not sure I fully agree with you about fundamental analysis, which I believe is essential if one wants to try to predict future performance. My point was that simplistic formulae with only a couple of variables are not much use. If we knew ALL the fundamentals (including those about the market, the weather and the mood of investors), and their interrelationship, then I believe we could predict accurately. Of course we will never have all this knowledge but the more we have the better.
Your discussion on "why" and "when" is right on the money. I think a good rule of thumb is to use fundamentals to decide what to buy and TA to decide when to buy (and sell). Now if I only did that myself ....
Piper