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To: The Perfect Hedge who wrote (7838)1/13/1998 12:24:00 PM
From: Teddy  Read Replies (1) | Respond to of 95453
 
Is RDC reporting today after the close or tomorrow before the open?
Who else is reporting today or tomorrow?
Maybe we could call them and remind them to make a few positive forward looking statements.



To: The Perfect Hedge who wrote (7838)1/13/1998 12:24:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
Well, without getting technical (which I couldn't do anyway), it is basically a stock charting technique that helps you identify direction and trends in the price of a stock. In a flat or upward market, when the price gets above its moving average (you can use different lengths of days depending on whether you want to look at long term or short term trends), it is a bullish sign meaning a possible breakout or continuation of upward price movement. In a down market (like the osx) it can be seen as a resistance level (which constantly gets lower as the stock falls). The 40 day simple moving average for today would be simply the average of the stocks closing prices for the last 40 days. This number is calculated for each day and charted.

(I just realized you were probably joking about that last question)