I don't think it's wrong, I think it's another opinion and Warren Buffet might tell you your wrong ("If past history was all there was to the game, the richest people would be librarians.") because long term financial gains are made on the fundamentals. I bought Apple in 1995 between 8 and 10 bucks because of fundamentals. I am reading books on TA and also learning more ways to do DD. Both tools in the arsonal are probably the best way to go about it. IMO that is.
Is chart responding the 'dog wags the tail' or the 'tail wags the dog'? If a stock's charting became favorable to buy or sell and then individuals did that action in droves BECAUSE of the charts driving the price up or down according to an indicator, is it not the charts are driving the stock? Or is it just one variable in the grand scheme of things?
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