Forum Archive Index - October 2001

[not important <cullen150@yahoo.com>]

hey, time for a sharemarket laymens thoughts (hence
the possible utter stupidity of the following
statements)??
 I think charts are very helpful, the recent chart of
WAM proves this.
But one thing I think this takeover offer shows is
that a mix of fundamentals and charts is important.
This takeover offer for FRU would be based on good
fundamentals such as sales and growth, I highly doubt
they offered to buy this company as its shareprice
chart looked good. 
 Following fundamentals would not have directly shown
a takeover offer was coming up but it does suggest one
could/should. I dont think a chart would show this.
Maybe, I dont know.
Charts are good but dont rule out anything.

  Thats my 1.5cents worth.
       I'll be quiet now, Cullen150  :)

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