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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: the options strategist who wrote (8199)	5/12/1998 12:31:00 AM
From: Chris	Respond to of 42787

[continuation post on moving averages] Let's look at january when DeLL was on strong uptrend. notice the strong uptrend slope of the moving average. remember in the prior post, i said "sometimes, you can't wait for 9 day ema entry point? sometimes, you have to settle for a 5 day ema" well, let's look closely. the rally from january @ 40ish to early march @ 60ish.. NOT one day had the the lows gone below the 5 day ema!! that means, if you had followed an entry nab at the 9 day ema, you would have come up empty handed! your buy order would never have gotten hit! now, you know why? so, when do you know when to use 5 or 9 day ema? hard Q to answer. from using other indicators and gut feeling i guess. sometimes, you have to settle for the 5 day ema nab (greed kills) Ok.. let's reiterate the use of the 5 day ema as DELL rallied. notice how DELL's lows used the 5 day ema as support allll the way up. then early march, violations occured. slopes of the moving averages began to flatten. then on march 9, big CLOSE BELOW BOTH 5 and 9 day ema. WHAT is your exit plan? (each one of you has different exits, but mine is to exit on 9 day ema violation.. boom im out) notice DELL declines.. notice RED price bars (bad) (custom formula to show red/green price bars) hopefully, my posts have helped. i didn't do all of the chart.. i'll let you scratch your head and figure it out slowly. any questions, please feel free to ask.