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Strategies & Market Trends : Technical Analysis - Beginners

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To: Sam Cohen who wrote (105)9/25/1996 11:31:00 PM
From: Richard Estes   of 12039
 
price moves up or down thru averages or bands..

any move of price outside bands is improbable it is 2 std dev away from avg. try MA of 34 and bands of 20.

take a chart of TEAM, put a blue 34 MA on it. now put a white 13 MA on it. when white moves above blue buy, when white goes below blue sell.

now play with it trying to find the MAs that you like in a xover. save chart as template by shift- F1-10 meaning where you haven't saved one before. now look at new high or BBB scan using that template.Does it give buys and sells at reasonable places, would you use them?
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