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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (6835)10/26/2000 1:47:50 PM
From: Jdaasoc  Read Replies (1) of 30051
 
Zeev:
Any ideas on very charting LT moving averages for NDX.

In my simplistic method, I put 5 year monthly NDX chart and asked for moving averages

entering
10 months I get 3733
13 """""" 3588
26 """""" 2790
50 """" 1944

Any idea what time frame one should pick to get a reasonable base for support. I guess these type of dicussion only occurs 10 or more years apart. Where you day-trading back in 87. I surely wasn't playing the market then

john
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