10 Market Thoughts to Start the New Year [View article]
Tom, It depends on your style. If you are an intermediate or long term value investor, EPS can be usefull. My post deals with trading the current market with short term trades (anywhere from a few days to a few months).
I trade short term and find EPS and other "fundamental" tools useless. Take a look at how many "good" companies have tanked with the market over the past six months. Those who understand how to read price and volume relationships by reading charts did very well over the same period.
-
Tom,
Dec 31 17:02 pm
|Rating:
0
0
All Comments by Paul Singh »10 Market Thoughts to Start the New Year [View article]
It depends on your style. If you are an intermediate or long term value investor, EPS can be usefull. My post deals with trading the current market with short term trades (anywhere from a few days to a few months).
I trade short term and find EPS and other "fundamental" tools useless. Take a look at how many "good" companies have tanked with the market over the past six months. Those who understand how to read price and volume relationships by reading charts did very well over the same period.