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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Goulds who wrote (1142)3/8/1998 1:44:00 PM
From: Goulds  Read Replies (1) | Respond to of 18998
 
Repost from SI, ACRT chart

: Mr. Pink (2685 )
From: stan s.
Sunday, Mar 8 1998 1:37PM EST
Reply # of 2687
Mr. Pink and TA. Disparaging remarks, if I'm not mistaken.
Surely Mr. Pink, you avail yourself of all means possible in the building of your empire.

A bon vivant such as yourself...to not utilize all the tools at your disposal, for that extra 10,000 dollars here and there. Tsk.

Obviously a man of your stature can't be expected to pour over charts, it would be so.....unseemly, but surely one of your minions keeps you appriased of technical changes.

Ah, an example is ACRT. I know it's beneath you but PLEASE glance at the following chart. Why, I did it just for you.

It is the simplest I could come up with. Uh, not that you need it to be simple of course but you know....the followers, sigh, can be so, well laggardly if I may use that term.

No nasty Stochastics or anything like that....just ONE simple moving average. Okay so it's a weighted moving average.

Still I implore you, look at the chart...if you had gone long and short at the appropriate times....my goodness....Mercedes for all the help. Er, just the kitchen help I'm sure.

geocities.com

To all lurkers. Do the work...don't rely entirely on charts.

Good luck,

Stan