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Re: benchman post# 9562

Thursday, 04/24/2014 11:07:19 AM

Thursday, April 24, 2014 11:07:19 AM

Post# of 30168

In some cases technical and fundamentals converge. It is not wise in my opinon to trade on only technicals at any time but especially after a stock is more evangelizied and the majority of shares that are held, are by people that are more in the know of plans and fundamentals, That are now in this case watching for news that will to some extent influence fundamentals.
Buying on technicals works well when the drivers are more emotional hype and the stock is being driven by traders predominately (a bit of an irony in that eh?) imho, the overall nature of the eyes that are on npwz is changing.

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