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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Kavika who wrote (109052)7/21/2000 11:16:16 AM
From: Kavika  Read Replies (3) of 120523
 
In the spirit of sharing epiphanies, a la OJ's true confession this a.m., I want to describe a real eye opener I experienced yesterday. This may be beneath some of you, but I know many will benefit. It's so damn simple! Each stock "obeys" only one moving average; that is, the most true buy signals come from penetrations upwards through either the 15, 30, or 60 minute moving averages. One of these will get you in at the right time, and back out again. The key is, figure out which ONE of them works best for each stock you trade, and OBEY the signals from that moving average ONLY. Hallejuh, I have seen the light! Give me an AMEN somebody ...
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