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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: JLS who wrote (8348)	7/28/2000 3:19:22 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 49816

Good question. I was also thinking why stan always uses the 40 instead of the 50. Does anyone know of a good site that has the moving averages calculated rather than on a chart. With some of these price swings it hard sometimes to pinpoint it with such a big scale. bigchart has the 5,20,50,200 but not the 40. Also - clearstation.com uses the EMA not the DMA and it's different depending on the time span of the chart (ie 3 month vs. 1 year etc). I can't make heads or tails of that thing.

To: JLS who wrote (8348)	7/28/2000 3:21:23 PM
From: stan s.	Read Replies (2) \| Respond to of 49816

Those are the ones I use Julie and while I like the exponential and the weighted...I use the simple here and the site because so many people still do. By the way a 15% correction off the recent highs takes us to 3633...coinciding roughly with the gap support at 3582. No indication that the NASDAQ can hold there on Monday but numbers to keep in mind. Best bet is to stay defensive. A lot will depend on if the SOX continues to break down next week. The selloff volume appears to have weakened from yesterday but again it's Friday.