Ampex Corp: Digital Storage Message Board

STOCKTALK

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.

Technology Stocks : Ampex Corp: Digital Storage

AMPX 9.475

+2.5%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Ebbands who wrote (1462)	1/27/1997 12:18:00 AM
From: HPilot	of 3256

Art, If you can recall the S&P and DJ broke their 200 day average's last summer and shortly after they bounced back. I have read many TA books and I don't have one of them recommending trading on a 200 day moving average. Although some of them use it to judge the strength of a trend I don't recall any of them recommending actually buying or selling based on that moving average. I have included here an optimization of a simple trading system based on moving averages. Ave Net Prof Long P SProf 55.000 3177.500 1057.500 2120.000 50.000 1445.500 191.500 1254.000 105.000 1201.500 -2034.000 3235.500 40.000 1101.004 275.502 825.502 35.000 1010.004 230.001 780.002 80.000 976.000 -2328.000 3304.000 135.000 841.000 -1995.500 2836.500 100.000 806.000 -2275.500 3081.500 115.000 586.000 -2148.000 2734.000 90.000 405.500 -2519.500 2925.000 165.000 166.501 -2039.000 2205.501 120.000 130.000 -2351.000 2481.000 45.000 90.500 -335.999 426.500 110.000 89.000 -2396.500 2485.500 140.000 -45.000 -2438.500 2393.500 95.000 -192.502 -2818.500 2626.000 155.000 -219.999 -2601.000 2381.000 160.000 -268.499 -2256.500 1988.001 170.000 -271.499 -2520.500 2249.001 205.000 -452.500 -2498.500 2046.000 85.000 -533.500 -2989.000 2455.500 150.000 -619.999 -2801.000 2181.000 145.000 -690.501 -2830.000 2139.500 210.000 -788.500 -2666.500 1878.000 125.000 -956.000 -2894.000 1938.000 75.000 -1018.000 -3412.500 2394.500 70.000 -1274.500 -3559.500 2285.000 175.000 -1450.999 -3204.000 1753.001 215.000 -1574.500 -3059.500 1485.000 220.000 -2724.500 -3634.500 910.000 60.000 -2763.500 -1913.000 -850.500 130.000 -3153.000 -3992.500 839.500 200.000 -3285.500 -3977.500 692.000 225.000 -3471.500 -4008.000 536.501 245.000 -3558.999 -3583.000 24.000 185.000 -3719.999 -4338.500 618.501 180.000 -4019.999 -4488.500 468.501 250.000 -4266.999 -3937.000 -329.999 235.000 -4396.500 -4470.501 74.000 65.000 -4415.498 -5129.999 714.501 30.000 -4609.000 -2579.499 -2029.500 230.000 -4868.501 -4706.501 -162.000 240.000 -5207.501 -4876.001 -331.500 195.000 -5295.001 -5213.501 -81.499 190.000 -5381.001 -5169.001 -211.999 25.000 -6112.996 -3331.498 -2781.498 20.000 -9844.996 -5197.498 -4647.498 15.000 -21486.500 -11112.000 -10374.498 10.000 -36540.996 -18720.498 -17820.502 Note that the 200 day average lost more money than the 50 day Average made. If I run this on another stock I would get a completly different result. This is based on a fairly reasonable commission of $80 per 100 shares and trades 100 shares at a time. Starts in July of 86. Compare this to a system I use which I have not optimized. This system uses some moving averages but puts more weight on overbought/oversold indications. Same commission, number of shares, and time frame. Net Profit Long Profit Short Profit 5384.4 3019.90 2328.5 Also to quote Tom Demark from his book. "My experience sugggests that the results achieved from using traditional moving averages are no better than those realized by using most other conventional trend following approaches.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next