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Re: ILU: ILUKA RESOURCES

I think this perfectly illustrates the "confluence" of fundamental and technical analysis. The smart money is fundamental analysis. Technical analysis attempts to read the fundamental analysis done by others. Some times one camp gets it more right than the other.

The bottom line is... you can be a fundamental guy or you can be a technical guy - but you need to be good and to be right in order to make money.

And my musing back in Aug 2011...

[QUOTE="skc, post: 716837, member: 19894"] [b]Re: ILU: ILUKA RESOURCES[/b] I think this perfectly illustrates the "confluence" of fundamental and technical analysis. The smart money is fundamental analysis. Technical analysis attempts to read the fundamental analysis done by others. Some times one camp gets it more right than the other. The bottom line is... you can be a fundamental guy or you can be a technical guy - but you need to be good and to be right in order to make money. And my musing back in Aug 2011... [/QUOTE]

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