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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (1385)9/1/1998 10:10:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 3339
 
Time for the magical 200 DMA +15% update.

After having proven itself to be a worthy indication in bull markets, will the 200 DMA -15% prove worthy in a bear market?

Since the TDMAPFP (two hundred day moving avg. plus fifteen percent) has proven itself on the NASDAQ composite, we will test the THDMAMFP(minus) on the NAZ to the down side now.

Current NASDAQ 200 DMA = 1750

THDMAMFP = 1487.5

We came very close to touching this yesterday.

TW