technical or fundamental analysis the way

  1. 3,728 Posts.
    lightbulb Created with Sketch. 2
    Up until now, I reckon good fundamental analysis has always had the upper hand over charting. Through thick or thing, the fundamentalists hang in there and don't sell, regardless of the falls, unless the company they've invested has made a significant negative announcement. Chartists, however, chop in and out of stocks usually having too much faith in their charts. But now, I can confidently say that there would not be too many chartists right now praying and hoping that their portfolios are going to rebound soon. Most chartists would long have left the market from an investment perspective, and only dabbled on the dips and sold on the ups.
    The wealthy have, up until now, always been reluctant to sell regardless of the severity of the falls, as the market eventually goes up again. This is normally where the wealthy rob the poor, as the poor cannot afford to hang on and watch their livelihood dwindle so they sell up when it gets too low. However, what's happing right now is significant of extreme proportions. Wealth is being eroded and smashed across the board. There is no haven. Those here who have a house with a big mortgage should hope that their super is in cash, because when repayments can't be made then the super should keep the roof over your head. But if your super has shrunk to a worthless level, then you're out!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.