Fundamental or Technical analysis? No, Sentiment most important
Good stock based on fundamental analysis means you might want to consider buying
Technical analysis indicate a good level to buy.
Fundamental Analysis and Technical Analysis are not going to make guarantee profit.
Market sentiment MUST be in placed.
Note recent market downward move is due to Europe zone debt crisis and US weak economy.
Good stocks or bad stocks move downward.
This is because bad stocks downward and drag good stocks down.
People panic and sell all stocks.
Good stocks will be sold as people portfolio with bad stocks will have to pay their losses. In order to pay their losses, people will need to sell away their good stocks to pay for their losses.
Right now, even though stocks which are fundamentally good is a stock to buy, you cannot buy it now. The reason is simple, the market sentiment is still very weak.
You never know whether the good stocks will be affected by their domino effects financial crisis.
Don't buy when the market sentiment is weak.
Buy good stock when market sentiment is strong.
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