Re: Why are value investor types so rigidly opposed to TA?
We blur the line again! Trading and investing are two different things often with very different timeframes. TA works very good in a trading environment. I'm not so sure it's all that effective for anything with a very long time horizon (a couple of months at best). My personal time frame is from 10 seconds on daily scalps to 2 months or so on option spreads in my trading. I use technicals exclusively for these activities. For my long term investments I may use some sort of technical for timing an entry or exit or when to apply a hedge but for the most part ignore stuff I would concentrate on when trading. Fundamentals seem much more important in the longer term.
|