Is technical analysis rubbish? The team at the Financial Review Smart Investor have a look. Obviously I believe that technical analysis is essential. But in my opinion, the best returns can be achieved by combining both technical and fundamental analysis. Ignore either at your peril! (VIEW LINK)
Comments
Chris Weston
I am staggered by the example...Housing!! amazing. Its about timeframes
James Marlay
I would say one of the major differences I observe between Michael's philosophy and that of Montgomery is the time frame that you place on an idea or trade. When it comes to the technical calls my observation is that Michael tends to have a specific time frame or outcome in mind (and this is usually stated). This tends to be a shorter period than the value investing style that Roger takes. Agreed - the property reference didn't quite make sense to me.