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Re: pro-trader post# 84803

Monday, 08/09/2010 4:58:42 PM

Monday, August 09, 2010 4:58:42 PM

Post# of 233377
From what I can tell, TA is more of an art than a science. It is pattern recognition, and some people are better at recognizing patterns than others.

Fundamentals less subjective. There's no denying a company's profits, losses, cash flow, debt, management etc. Of course, that doens't mean arguments can break out over that too. (Bulls: XXX is profitable! Bears: XXX has massive debt!)