InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
58,104.26
(
0.37%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

ajtj99

Send PM Follow Ignore
Followers 305
Posts 46029
Boards Moderated 1
Alias Born 08/27/2001

ajtj99

Member Level

Re: Math Junkie post# 121714

Friday, 06/20/2003 8:51:28 AM

Friday, June 20, 2003 8:51:28 AM

Post# of 704019
Let's look at 1999 and the BPNDX:

http://stockcharts.com/def/servlet/SC.web?c=$BPNDX,uu[h,a]daclnnay[d19981020,19991231][pc20!f]&am...

It crossed down over the 20EMA 16 times in 1999. Now lets look at the NDX during 1999:

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[h,a]daclnnay[d19981020,19991231][pc20!f]&...

It began the year at 1850 and ended at 3750.

Using this cross in 1999 would have resulted in whipsaws while the market was making higher highs and higher lows while maintaining an uptrend.

The cross is better applied in a bear trend, IMO.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up