This has nothing to do with technical more of the flaw of fundamentals. Anyone coined that term "Don't catch a falling knife"? Is that when a stock is going down and you're buying it?
If the balance sheets of a company look good but the stock is going down, wouldn't it occur to you that you might be missing something? And doesn't that mean you are going AGAINST the market. Which every "professional" says not to do?
That's because we never hear from the ones that fail. Nobody ever does. And this is not excluding technicals - people who lost fortunes on technicals are never heard from also.
That's not exactly what the situation is... I'm saying what if your fundamental research looks good but the stock is trending down. Would you still buy it based on your fundamental analysis?
these questions are better for warren buffet and all the other graham and Dodd acolytes.
