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Strategies & Market Trends : Point and Figure Charting

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To: Margaret Mateer who wrote (7709)9/24/1998 12:17:00 PM
From: stan s.  Read Replies (1) of 34809
 
Slightly off topic...thanks Peggy. In reference to the discussion of that earlier site.

I noticed it does have simple ma crossover capabilities.

Another thing you might try at that site....turn the stock or index, (try LU and the Dow) into a LINE chart....then plot the 20 day simple moving average. (tailor the time periods as needed)

Note the upward (and downward) cross of the security over the moving average. That too can be a viable signal when confirmed.

Interesting huh?

Anyway something to look at in conjunction with your other TA.

In any of these early signal systems you HAVE to have the discipline to sell...

Stan
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