HoHum....I agree compelling fundamentals move the market.....we just don't know how they will move the market. If you knew the result of the unemployment data in the US an hour before it was released do you think you could trade the price when it was released? Maybe, maybe not. If you knew who the new CEO was going to be or when some tax law would be passed or some merger confirmed....do you think knowing in advance the fundamentals would allow you to trade the news? Maybe, maybe not. What is a certain thing is that if the traders out there think the news is good my price will remain above the 20ma, if they think the findamental news release which is 20% better than expected is *****, my price will close below the 20ma. It is impossible to translate fundamentals into price action.....all fundamental analysis does is makes one feel secure and then one find's oneself surprised when price does the opposite of the news. The really dangerous part is that if I convince myself that my fundamental insight is correct it can keep me in a losing trade for a long long time. Price will never leave me confused, trade it , don't try and understand it.....the interpretation of fundamentals is different for everyone, just take 10 market guru's and ask for a trade outlook on a share.....you will have 10 different interpretations of the fundamentals and how you should trade it. Which one is right? Price is either up or down.Simple. Only my opinion Skaapie but I find trading the price the only way to make the right decisions consistently. The fundamentals drive the price....I agree, but I can see the fundamentals in my chart price action....don't need to understand them. PS - not telling you I am right and you are wrong......just my experience in trading both styles.