i can cure chartists, page-20

I'm a cured fundamentalist...after some years of using careful balance sheet and company project analysis to choose buy and sell prices, I got sick of being bashed up by the market. I didn't want to try to predict the future, although FA is an attempt to do that, because it can't be predicted, but I wanted a better map of probabilities to help my trading decisions.

Charting has saved my capital, and made a hobby into a profitable living. I don't have to learn the basics of a whole new sector (which takes years) every time market sentiment shifts - the buy and sell parameters charting gives me are the same whether i am buying copper miners or internet startups - because the market (people) acts the same way no matter what the company is or does.

FA has some use, but charting is essential in my opinion, unless you are just lucky (or have special powers from a yellow sun...)