Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (23897)	6/17/2003 8:04:06 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 206184

I love moving averages hey, i like moving averages, too. the question is, which to pay attention to? a 5-second moving average is meaningful for about 5 seconds. obviously that's a bit hyperbolic, but in my own case, i don't like to cut 'em too short. i don't daytrade, just try to find one or two sectors that can maintain a primary bull trend in a secular bear. so i don't sweat the small stuff. also, i believe in diversification. within sectors and across sectors. one thing is up, another is down. energy down a few days but gold way up. everything down a few days but shorts profit. hard to call 'em right every day, but hopefully things even out in the end, is the way i look at it. as for moving averages, i say the longer the better. and how's about this for long: as Russell mentioned in his letter today, NEM has just crossed its 200-MONTH moving average to the upside.