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To: Judy who wrote (12713)2/27/1998 2:07:00 PM
From: sepku  Respond to of 77400
 
This is impossible to resist...behold!

-Famous last words-

2/26 Helios: "Some strategies such as moving averages are easily testable by computer. The historical record shows that they don't work."

Witness the immediate effect that the 200dma positive breakouts had today on ASND (200dma@37.1) and CYMI (200dma@22.5), as computer buy programs were flagged across the screens of countless traders and institutional investors.

The significance of this trendline is only just beginning to show for all the reasons I stated previously. But to sum it all up without the psychology, etc...it works simply because there are mountains of capital out there that are invested using moving average techniques.

Watch the uptrends continue as the accumulation increases. ASND is going higher!

I was also going to add some "famous last words" by Gerald, but then I noticed he never contested the validity of moving averages and their anticipated effects, which was my point all along. Therefore, shoe leather is only on Helios' menu! LOL!!

Style Pts.