RE: RE: FAZUltimately turning profits is all about price AND time. The market will reflect fundamentals in the long run, but fundamentals aren't particularly helpful in timing. The charts and cycles are very helpful in this regard, and this is the view shared by all technical analysts. I have no problem with fundamental analysis, and certainly one has to understand that, but I'm a trader.
In the last 2 months, the S&P fell 100 points and rallied back 100 points. How did earnings help one to profit from this volatility?
You can talk about positive earnings all you want, but I don't turn a blind eye to fundamentals, and personally I think the fundamentals are absolutely terrible going forward.
Suit yourself, I'll keep racking up the trades.
SC