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Technology Stocks : Ampex Corp: Digital Storage
AMPX 9.475+2.5%Jan 9 9:30 AM EST
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To: Art Ebbands who wrote (1452)1/26/1997 9:58:00 AM
From: HPilot   of 3256
 
200 day moving averages are pretty long for indicating a trend. These days it is almost meaningless. Why is this better than a 180 day moving average? or 150 or 250 or any other moving average? Have you optimized a system that comes up with profitable trades based on a 200 day moving average? I think not. 50 day moving average's can predect a trend but 200 day seems to be more of a support level than anything else. Don't liquidate your position it is too late. This stock tends to go up like a rocket and slowly drift back down!
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