InvestorsHub Logo
icon url

slyestjester

07/05/12 12:31 PM

#13450 RE: treit2002 #13449

I am here TOTALLY on fundamentals as well. I just wish this had been my entry point, which it might have been had I been more aware of the technicals (sentiment).

IMO, the longer the term you are considering the more fundamentals come into play. But any stock will always react to its environment, that is, what other related entities are doing.

Nobody day trades on fundamentals; it's impossible. No day trader says, the earnings were good yesterday so the stock should go up today. Instead, they consult the price action as well and become followers of the trend.

Chinese RTO's as a whole are treated as commodity stocks, no matter what business they are in, perhaps because they produce in a nation that is export-dependent--China is the tail and the West is the dog--just as commodities have that relation to business in general.

All IMO.