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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (27367)8/10/2000 3:52:09 PM
From: Chris  Respond to of 42787
 
this market is not easy.

such divergence



To: Paul Shread who wrote (27367)8/10/2000 6:41:29 PM
From: Terry Whitman  Read Replies (1) | Respond to of 42787
 
Correct me if I'm wrong here, But...
stockcharts.com

Doesn't the textbook on moving average analysis suggest as one of it's 4 main tenets-
1) A chart under it's 200 day ma that is rejected at the 200 day ma should be sold.

Nazdung looks like a classic case of rejection at the 200 day ma.

The other 3 I believe are :
2) A chart over it's 200 day ma that recovers at the 200 day ma should be bought.
3) A rising 200 day ma. Indicates a bullish LT trend.
4) A falling 200 day ma indicates a bearish trend.

Your highest odds are when 2 of the tenets agree.

I just recalled 2 more:
a) A chart rising well above it's 200 day ma should be sold, & b) falling too far under should be bought. These apply better to shorter ma's