Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.10

-1.4%

Dec 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Olu Emuleomo who wrote (132529)	10/4/2001 10:47:34 AM
From: Oeconomicus	Read Replies (3) of 164684

Olu, the 20 & 50 day EMAs sure did work well in the past for CSCO (change it to a 3-year chart). Would have gotten you out at around 68 and kept you out all this time. Also would have kept you in from 11/98 to 5/00. Problem is there are many more stocks, including some other "leaders" of the bull market, where those signals would have whipsawed you in and out for repeated losses even as the longer term movement was upward, followed by more losses at what probably seemed at the time as bottoming reversals. Works great on big, powerful moves if you get entirely in or out at the signals (keep buying all the way up and the lag from the top to the sell signal could kill you), but watch out for the head fakes. Good luck. Bob PS: Major congrats if you did trade on this with CSCO since '98. My only question is how do you know which stocks it's going to work on in the future and which are going to whipsaw you to death? ;-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next