(Taken from Monergism.com on the Worldviews Section)
Fundamentalism and its Similarities with Reformed Theology
1: The inspiration and verbal inerrancy of Scripture
2: The Deity of Christ and the virgin Birth
3: The substitutionary atonement
4: Justification by faith
5: The physical resurrection
6: The bodily return of Christ at the end of the age.
7: Christ performed miracles
Fundamentalism and its Differences with Reformed Theology
1: The absence of historical perspective;
2: Ignores the Scriptures highly diverse literary genres
3: The lack of appreciation of scholarship; aversion toward any secondary theological training; anti-intellectual & often legalistic
4: The substitution of brief, skeletal, superficial creeds for the historic confessions.
5: The lack of concern with precise formulation of Christian doctrine; highly averse to theology
6: Pietistic, perfectionist tendencies (i.e., major upon “issues” such as protesting
Harry Potter movies; separating with Christians who are not KJV only);
7: One-sided other-worldliness – reclusive: church separate from the culture-the holy huddle (i.e., a lack of effort to impact their communities & transform culture); and a penchant for futuristic chiliasm (or: dispensational pre-millennialism).
8: Arminian tendency in theology (synergistic)
UPDATE 4.19.2012: Oddly enough, I’ve also noticed some of these tendencies within hyper-calvinist strains of fundamentalism. As opposed to being averse to theology, they take it up with gusto and are very concerned with precision. I guess you could call it the other end of the spectrum of fundamentalism.