Thursday, July 17, 2008

Indian Stock Analysts

Of late, I have been watching CNBC India, to understand the Indian Stock Market. One thing really strikes me as really odd.

I have been watching this for a couple of weeks now, and I am amazed at all the talking heads on the channel. All the so called experts are basically & purely "technical analysts". Almost everyone on the channel is obsessed with reading charts & interpreting momentum, moving averages, resistances, etc.

Whatever happened to good old fundamental analysts??