ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: ivan solotaroff who wrote (3704)	3/18/1998 12:21:00 PM
From: stan s.	Read Replies (5) of 7054

Ivan, I appreciate your comments. Please note post #3428, second paragraph. I alluded to the leaving out of signals in some instances where it simply clogged up the chart. By the way here's a chart of yesterday's close. A down close today will signal a technical sell using this method. geocities.com PLEASE NOTE....I do not use this method per se. This was merely an example I showed Mr. Pink some time ago (seems like years) to show that even the simplest TA might enhance profits. Uh, you might have noticed...he disagrees. Anyway I use a more complex system to buy and sell and it sometimes coincides with the above chart. In this instance I did buy on the most recent buy signal. I sold yesterday morning and will buy again as I deem appropriate. I am a trader here....this should NOT influence anyone...I try to buy and sell on a strictly emotionless technical system. A little info on weighted Moving Averages...the example in the chart is the 10 day. A weighted moving average is also designed to put more weight on recent data and less weight on past data. A weighted moving average is calculated by multiplying each of the previous day's data by a weight. The following table shows how a 5-day weighted moving average is calculated. Day No. Weight * Price = Weighted Price 1 1 25 25 2 2 26 52 3 3 28 84 4 4 25 100 5 5 29 145 Totals 15 133 = 27.067 Note how the 5-day weighted moving average gives five times more weight to today's price (i.e., 5 * 29) than to the price five days ago (i.e., 1* 25). Good luck, Stan

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