Concordia Healthcare Corp. T.CXR.R

Charting or Fundamentals

[Stockcoach1]

CHARTING WITH FUNDAMENTALS, is like reading the palms of a beautiful 20 year old girl, without a ring on her finger. You tell her that she will marry a handsome man, have many children and live a long life. 

 

CHARTING WITHOUT FUNDAMENTALS,  is like tea leaf or card reading over the phone. You tell her she will marry a handsome man, have many children and live a long life, not realizing you have a 90 year old woman on the other end.

 

CONCLUSION: Either way CHARTING is Hokus Pokus like Palm, Card and Tea reading.
Only FUNDAMENTALS are fundamental and allow you to make an educated prediction.

[visionaryfool]

Charting is for traders and only works short-term as it works only if everyone believes it works (aka other traders). Fundamentals is for investors. That's how I've always seen it.

[TechTarget]

Wrong.  You need to chart WITH fundamentals.  But you need to look at TA.  If you are long term, yes, do fundamentals but ignore TA at your own rsks! For ULTRA aggressive short term investors like me (almost trader but without the daytrading tools),  use stock analysis that has both fundamentals and technicals. Depending on the stocks (they are all different) some are more

[sunshine7]

Ah! But put them together and you have your best chance for a good entry point. How many times have I seen a good stock continue its downward trend another 10-20%? Technicals without fundamentals is a gamble IMO.

[Stockcoach1]

Sunshine7 thanks for your input. If you read my first example, the only reason the "Palm Reader"  may have had success in predicting correctly is because the so called fundamentals were at hand. Knowing the fundamentals, in this case her assets ...young, pretty and single, we can extrapolate a reasonable outcome.    No amount of palms, leafs, or cards reading could

[sunshine7]

drink enough beer and they start to look the same. Never drink and trade! LOL

[Stockcoach1]

Sunshine7 I agree with you 100%.  Truly great sense of humor, and excellent business insight. Always looking forward to your point of view.