Head+Shoulder Trading Fallacy , page-3

G'day auntie
So you would only look at a page of numbers to monitor stock price movements?
Charts are give a easily recognisable way of seeing what the market and stocks have done. Patterns identify possibilities for the future. Like everything some people take it to extremes others keep it simple. A head and shoulders is mearly a lower high (imo), which 'may' indicate the end of a trend. Last time I responded to your t/a comments I posted a bhp chart where a h and s had occurred followed by a break of the upper trend line. Check that chart now.
Fundemental analysis tells you what stocks have done and gives possibilities for the future. Like everything some people take it to extremes others keep it simple. At least t/a gives you the chance to exit before you take a massive loss, which is what can happen if you only use the f/a string in your bow.
I don't see much value in condemming either method, as each have their place and neither is infallable. Those who combine the 2 and have that extra something, probably experience, not to mention MONEY MANAGEMENT.
Each to their own though.
I'm still learning so my opinion is worth little.
cheers
Rod