KAT Exploration Inc (KATX)

[Rick-UK]

Thank you for your very kind words. The way I see it, fundamentals and technicals both have their place in the toolkit for any investor or trader. For me, the fundamentals have to be right in order to be interested in buying the company, and of course this is more important the longer I am thinking of holding (ie if I doing anything except very short term trading). If you check back over my posts you will see that for KATX almost all of my posts are about the fundamentals, not the technicals.

I entirey agree with Er0ck that changes to the Fundamentals (ie news) "wins out" over Technicals, and this is especially so when the news is very important to the company. Most pinksheets stock are quite small and volatile and therefore any significant news is more likely to have a large influence over the share price than a larger, well established stock on a big exchange. But I do think that the technicals still have a part to play. For example take a look at this KATX chart I drew on 13th March, showing a very clear "cup and handle" pattern. What happened next was our last big increase...



What some people perhaps have not quite understood is that unless news comes completely out of the blue (rare) the chart generally works in concert with and includes anticipation of important news announcements. So when the technicals and the fundamentals together indicate a strong upward momentum then it is time to sit up and take notice. I think we are at that stage!

Technicals + Fundamentals = Profit (as it says on my descrition page).

Good luck to everyone!