I have a question for everyone.
If I use company fundamentals to screen for stocks and yet I also do look at charts, am I considered a value investor? If no, since when value investors can't use charts? Is there a rule that says value investors cannot use charts? How about comparing historical PE against share price plotted on a graph? No charts at all?
During my 3 years of investing and sticking to value principles from 2007 till present, my portfolio has never landed in the red. Not even in 2008, am I just lucky? Maybe. Value investing has proven to me as a very good foundation to start learning how to invest. However, one also should not avoid looking at charts, bars, graphs or whatever records/information you can find.
For TA folkes, you mean you do not use any fundamental information at all? Money supply, interests rates, gdp, industry figures, company earnings etc? During the Dubai crisis in 2009, few days before the news came out, did your indicators or charts say sell? When this type of once in a blue moon thing came out, all charts/indicators are worthless. You still have to depend on fundamentals right? Jesse Livermore to some extent also use some fundamentals to trade commodities, no?
Must FA and TA always be independent of each other? Is FA totally useless? Is TA redundant?
The final question, for purely TA people, will FA help you to become a better investor? For value investors, will TA help you to improve as well?