Re: Why are value investor types so rigidly opposed to TA?
News AND noise. It was down 3 bucks yesterday before this news. The momentum player has no interest in why. Where does the fundemental guy get in or out? Nobody knows except maybe Boone Pickens [img]/images/graemlins/smile.gif[/img] How does a fundamental guy make markets? He doesn't! Crude is ultra volatile right now with many huge dips and spikes intraday. Technicians can profit greatly from this kind of action. The fundamentalist sits on his hands and position and takes whatever the market does to him.
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