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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (3355)5/26/2000 1:26:00 PM
From: IVAN1  Read Replies (1) | Respond to of 19219
 
Where does one go for the basics?

Thanks VERY much for your answer but since I'm
a seasoned investor, but new to MAs, it sounds
a bit "Greek to me-ish" Since you may
not want to become my personal tutor : )
might you suggest a Web site or introductory book that
explains moving averages and related techniques
in more detail?
Thanks very much! Ivan1



To: J.T. who wrote (3355)5/27/2000 12:54:00 PM
From: IVAN1  Read Replies (1) | Respond to of 19219
 
ALL and J.T. How does one use multiple MAs and EMAs together?

J.T. You mentioned that one could use a "5 day MA crossover of 16 day MA with a smoothed over 9 day EMA (exponental moving average) Once the market settles down: 12 over the 26 day MA with 9 EMA."

But (a beginner asks) how do you use these? Right now the QQQ actual line is below the three mentioned above. Does one buy when the actual line pierces through all three lines to the upside (and the opposite for a sale)?

And also, how did you, or does anyone, come to such a refined mix? How does someone starting out choose a vanilla time period for a MA? Is just going with a 50 day MA by itself laughable naive?

Any thoughts much appreciated.

Best regards, Ivan1 (who just pierced his 57 year moving average)