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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (980)	3/22/2022 9:10:09 PM
From: WEagle	Read Replies (1) \| Respond to of 1798

Bob, Thanks for your instruction on using puts to help in our accumulation of a desired stock or, alternatively, making a little money. I've got a question or two on another subject I been wanting to ask you. A year or more ago you turn us onto CLX. Since then I've been keeping track of CLX and CLXpp along with there moving averages of 3, 10, and 30 days, and the difference between the two which gives us Joann's "Bottom Spotter" among other things. I have also been paying attention to the moving average calculation offsets (as opposed to what some have called offsets when refering to as the differences between the CLX and CLXpp MA). I have especially watched the 10 and 30 day MA offsets to see what will be affecting the MA values due to dropped values of past days. What I noticed in discussions from you and Don - you seem to indicate that when the MAs are in the negative oversold zone, that dropping a string of mostly negative CLX daily values is a positive (wind-at-it's-back) factor for the market in making a strong move up. My thought had been that dropping old positive values off of the moving averages would have help keep the average in the oversold zone longer so as to delay the MA from reaching the overbought levels too quickly, therefore, keeping the rally going longer. On the other hand, I though dropping negative values off the average was shorting the number of good days in a rally. It seems to me that what you (and Don) are saying is that having the MAs moving up is more of a positive effect than keeping the MA in the oversold area for a longer period of time. Am I reading you right? Can you elaborate? Happy Trades to You. WEagle