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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.710-3.8%Dec 23 3:59 PM EST

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To: Art Ebbands who wrote (2131)3/6/1997 11:48:00 PM
From: HPilot   of 3256
 
Art,
Glad to see you are back! I have studied 200 day moving averages and have a new respect for them now! But still see no real magic for 200 day. Some stocks a 250 or 180 day moving average may work better. But since you seem to be a savy trader how do you avoid whipsaws? 200 day moving average alone would have whipsawed you to death from July to Nov. Do you use a second moving average or a penatration filter or what?

PS. I didn't really think it could not go down to this level but if it did this is certainly the level that could offer the best support. Was hoping for more than a 2 or 3 day support at 8 though!
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