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If you had sold your house, received a payout or had just decided you wanted to go onto business for yourself you wouldn't ask the business broker for a chart of the business price you would make your assessment on what you understand the business is worth

Wayjo
I think you're missing the point of what a chart actually is !! It is a graphical representaion of the rise and fall of that particular share which factors in volume, moving averages, momentum etc. If a chart was available for the purchase of a house or business I certainly would ask to see it to find out where in the pricing cycle is was sitting. Why would you want to buy a house at a particular price if the information was available that showed you that house prices in that area were in decline and that if you wait another, say, six months you could buy it for a whole heap less.
I've been through the cycle of LTBH, FA and analysing annual reports and I have to say that the one key element missing was the lack of TA to indicate entry and exits points.
TA is just as essential as FA, perhaps more so !!
Again JMO !!
Regards
Harmy
(who has just joined this board and hopes that I'm not being too intrusive too early)
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