looking forward, page-12

Hi, orchidc11,

I am a medium/long term investor, and most of my buying mistakes have been made when I bought after a big fall because I thought the stock looked cheap on fundamentals.

HVN was a good case in point when I dipped in at about 5.00 after the fall from over 7.00.

I think you can usually tell when a share has bottomed and is ready to rise by looking at the chart.

I pay particular attention to Robbbb and other chartmeisters over on the ASX General Forum.

Everyone has their own 'red button', and if yours works for you I would be the last person to decry it.

My own is a techno-fundamentalist approach. I try and find a stock like this where I like the fundamentals, and then use the chart for a bit of timing.

Many years ago I was in a broker's library talking about a certain stock I liked, and another client said 'I would never buy a stock without looking at the chart first'.

The chart says that this one isn't going anywhere much at the moment.