SI
SI
discoversearch

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.
Strategies & Market Trends : Point and Figure Charting
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (7528)9/22/1998 8:44:00 AM
From: stan s.  Read Replies (1) of 34810
 
One of the easier ways to play an index (or a stock) if you
want to limit your number of trades AND stay on the right
side is just to play some moving averages.

Here's a chart of the !SOX on a WEEKLY chart. Note the
6 and 10 day weighted moving averages are now 6 and 10 PERIOD
moving averages. All the data on this chart is compressed to
weekly form.
geocities.com

Anyway look at the accuracy of buys (green arrows) and sells
(red arrows)....as the 6 day weighted MA (green) crosses above the red
indicating buys and the sell signals as the red crosses below the green.

A simple and accurate way to stay on top...only about 8 signals in the
past year.

You can even often increase the gain if your willing to use this or
a similar system on the DAILY chart....

Here it is....notice it has signaled a buy....whereas the more
conservative weekly chart has yet to do so.

The above is all extremely simplified and I'm not advocating it
as one's entire system....but I ALWAYS look at it. The !SOX is a bit
overbought on the daily.
geocities.com

You sometimes have to tailor the MA's to your needs.

Here the buys and sells are based on crossovers of the 10 day
weighted over the 14 for buys and the reverse for sells.

I changed from the 6&10 for visual simplification......something
to consider anyway along with other signals...I here tell SOME people even look to Point and Figure charting...imagine that! (;

Stan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News