Jigs
Excuse me for suggesting that this is a rather simplistic statement and could be dangerous if implemented literally.
For example, aluminum prices have tumbled recently and I am sure a couple of A grp shares in this space will now have a bearish outlook.
Again, for example, accounting for pension provisions may undergo some radical changes (recently mooted but deferred), which could affect several banks. So one could be treading on slippery ground here also.
I would recommend at least some fundamental analysis b4 choosing stocks to buy.
Rgds
AGILENT
Excuse me for suggesting that this is a rather simplistic statement and could be dangerous if implemented literally.
For example, aluminum prices have tumbled recently and I am sure a couple of A grp shares in this space will now have a bearish outlook.
Again, for example, accounting for pension provisions may undergo some radical changes (recently mooted but deferred), which could affect several banks. So one could be treading on slippery ground here also.
I would recommend at least some fundamental analysis b4 choosing stocks to buy.
Rgds
AGILENT
Agilent.
I agree with you that some fundamental analysis is must. But not short term fundamantals. In long term I love metal stock. Let the price go down in short term, but wherever there is limited source of supply and unlimited demand, prices are bound to go up in future. And I belive in buying when there is some bad news about a company or industry.
Smiles...