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: HPilot who wrote (1463)	1/27/1997 3:24:00 AM
From: Art Ebbands	of 3256

Hugh, Don't understand your point. Tom D. says he doesn't find MA's much better than other indicators, not necesarrily worse. That is his opinion. If you had used the 200 day MA over the past 30 years, you would have avoided every major market decline & been in every major market advance. Yes, the S&P broke the 200 day MA briefly in mid July and whipsawed back above it 10 days later. Since the market moved back above 200 day MA on Aug 1, you would have been in mkt since then riding it all the way up. I would prefer being whipsawed rather than being in mkt during major market correction. Everyone has their own indicators they like and obviously none are perfect. One is only trying to play probabilities. You may not like MA since you're a fan of Tom D. but I have found the 200 day MA to be the best long term ind. bar none in my 25 years of trading. The 50 day MA is also very reliable when used with others. Enough said on this subject for me. I normally keep an eye on this thread to stay abreast of the excellent fundamental posts and rarely ever comment. Sorry now that I did & I intend to keep my opinions to myself in the future.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next