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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (551)4/17/1998 11:56:00 AM
From: James Strauss  Respond to of 13094
 
13's Portfolio
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techstocks.com

techstocks.com

Jim



To: James Strauss who wrote (551)4/17/1998 12:28:00 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Regression Line Swing Revisited...

I was quickly in and out of IMAT when it didn't do what I expected it to do... Go up...

Now I'm having second thoughts...

I used the Regression Line Swing as a timing signal... Apparently I was a little too early... The Regression Line Swing occurs when the 89 day Linear Regression Line crosses the 89 day Moving Average...

I bought IMAT right before this crossover... The price sat there for several days, even dipped a bit... I decided to move on to greener pastures... Now IMAT has completed the Regression Line Swing... And... Guess what? The price is inching up... I'll be watching this closely to see if the real time Regression Line Swing is indicative of rising prices in the near to intermediate term as opposed to watching it in Back Test Mode...

The lesson here is either to have more patience, or wait a day or two more for signal confirmation... Of course, time is money, and we don't have the benefit of hindsight when making these decisions...

Jim