This is what I do not understand about TA.In my way of thinking...

This is what I do not understand about TA.
In my way of thinking there are certain stocks that 'fit' analysis by TA and others that are a bit 'iffy'
Stocks that fit are those that via good management benefit current market sentiment. This is eithier thru acquisition, the improvement of internal process or company positioning.(Techs 3 / 4 years ago.)
HDR to my way of thinking is 'event' driven, where what will happen in the near future will far outweigh what has happened in the past.
To buy or sell according to TA for this type of stock without a full fundamental grasp of the company is not logical to me.
Don't get me wrong am not a HDR basher (Own WPL and considering warrants.)

Rob.