Value Investing vs. TA

This makes interesting reading as to whether value investors should use TA in making decision on their investment, raising useful points for discussion and suggesting that value players should take no notice of previous price movements in a share as they are no guide to whether they should buy it if they don't already own it, or sell it if they already do. Concerns of that nature will tend to weaken their returns, it concludes.

Thus objecting to a combination of value investing and TA....

Riz

http://www.fool.co.uk/valueinvesting/2001/vi010831.htm