Jerry. Cramer may end up being the final determining factor on whether TA is better than fundamental analysis :lol: If anyone plans on making their investment decisions based on what Cramer says they should at least pay careful attention to what he says when he is wrong. If you had just bought pretty much any natgas stock based on his foaming at the mouth bullishness on the day he saw natgas futures at 17.00, would you be happy with the advice he gave you on tonight's show? I sure wouldn't be 8O To answer your question about why gains are given up so quickly, the market is a system of transferring emotion via your wallet
If things are equitable between buyer and seller there is a steady marketplace. Times like that do not require the market to get things back to normal quickly because everyone is happy so to speak. The big falls come when the buyers are willing to pay whatever price is necessary to get it to the point where people who want it either can't afford it or won't pay the price out of principle
It's just a matter of figuring out when those times occur. I don't think you can do that using fundamentals. Somebody please tell me why AAPL is a great value for instance.