Heraclitus
Sorry Hera but occassionally I cant help but respond to posts (not yours of course) that should be under the humour section.
I of course agree with you in using a combination of FA and TA. However, the problem with NMS is the fundamentals as of the first half are poor and the fundamentals going forward are murky at best. If i'm holding a growth stock I want it to be growing.
Now if your using TA then NMS is in a downtrend, and it doesn't look like breaking out anytime soon. One of the chartists on the weekend charting threads says to look at 20c if key supports dont hold.
I find it crazy that posters are saying what a great buy NMS would be if it fell into the 30's or 40's. Fair enough but no-one gives a reason why.
So in my mind FA looks poor, technicals look worse but we should hold since all gaps are filled? Not likely.
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