I obviously have not been getting my point across regarding the relevance and relationship of TA to fundamentals...
Anyone interested in expanding their understanding of this issue should take the time to read the discussion initiated and expanded by GeJIM on TA... Further...the quality of the interaction between the other members of the board could serve as a great model for board demeanor.
[]Fundamentals to "hunt" for investment opportunities and to use to evaluate performance based on stated strategic objectives. []Financial analysis to determine that the strategic objectives are/or will result in revenue + PROFITS.
[]Technical analysis to explain in an unbiased fashion the current stock activity/performance and what one might anticipate going forward both short + long term. Thus for true longs identifying buying opportunities and understanding momentary weakness.
NOTE. At certain times correlation's can be drawn between TA and the other two variables and at other times trading performance may just be a factor of technical activity i.e. overbought oversold.
Anyway ...I am very grateful that this discussion evolved over the weekend ...I hope others will read the pertinent posts. As always your comments and thoughts are appreciated. Alley