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Politics : Idea Of The Day

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To: studdog who wrote (19836)9/2/1998 9:20:00 PM
From: James Strauss  Read Replies (1) of 50167
 
Karl:

Good point about the 200 day MA... In a rising market buying turnaround candidates below their 200 day MA can be a good strategy with well selected stocks... The problem occurs when buying these sub 200 day MA stocks when the market is declining... Market momentum carries over 75% of the stocks regardless of their fundamentals...

Jim
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