poh - a realistic viewpoint., page-11

Personally, I am a fundamentalist.

Years ago, hen I traded commodity futures, which is entirely a timing game, I used simple charts to assist me in timing my buys and sells, but whether I was trading wheat, corn, or cattle at all depended entirely on how I assessed the fundamentals.

I trade stocks the same way. If I am in Phosphagenics, it is because I see long term value there. In other words I see a company with the potential to create year over year increases in their earnings that will drive the shareprice.

I will not try to over optimize my buys and sells with shares because I hold them much longer than futures contracts.

And elaborate charts are (IMO) pure GIGO and cannot predict future price moves any better than my cat. They can only assist with timing, nothing more. again, IMO.

Neo's charts tells me absolutely nothing of value.