Posted on May 9th, 2008 at 1:04 PM

The argument is often had in the stock market between fundamental data lovers and technical analysts about what really drives a stocks price, technicals or fundamentals? I don't believe that either one holds constant sway over price movements. Now and again its the fundamentals, other times its all technical price action. Now as for myself I really don't care which one it is. I just want to have a disciplined risk averse consistent methodology to take advantage of movement. That is what Advanced GET gives me.

Case in point, American International Group (AIG). I am sure some people woke up today and said "gee I wish I could have been in that short". Well if you were following Advanced GET this came up over the last several days as a possible Type 1 short. The trade triggered yesterday conservatively, or the day before for the more aggressive among us. The MOB target is still a way down below us.

So what was it, Technicals or Fundamentals that drove the price down so sharply? Who cares. It did what it did and we had a disciplined consistent way to have taken advantage of it had we wanted to.

Good Trading

Craig Russell

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