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#1 |
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valued contributor
![]() Join Date: Feb 2007
Posts: 53
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From what I understand Fundamental Analysis is looking at the numbers of the company such as P/E, earnings, balanace sheet, etc and how the economy is doing in resect to GDP % increase or decrease. And that Technical analysts use charts to come up with what they like and dislike.
I know that Cramer is a Fundamental analysis type of guy from his books and doesn't like using charts or "momentum" trading. He says that you will lose money trying to trade with the momentum. I see alot of people here who use momentum/charting as their style and would like to know how it works out for them. Please correct me if I am wrong and thanks for any info you could provide. |
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#2 |
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forum leader
weekly challenge winner 13x
mar/07 simulation winner feb/07 simulation winner jan/07 simulation winner nov/06 simulation winner june/06 challenge winner april/06 challenge winner ![]() Join Date: Feb 2006
Posts: 5,328
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I think you have it about right.
I don't see why you have to be one or the other. I tend to use a more fundamentalist approach the further out my time frame. Core holdings and long term investments I am 100% fundamental. Intraday or very short term I use technical screens and news. I think it's a good idea to back up technical analysis with fundamental analysis. If I see two equally technically attractive stocks I'll choose the one with better fundies whenever possible. |
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