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Post# of 148479
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ajtj99

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ajtj99

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Re: TREND1 post# 6079

Friday, 08/01/2003 8:48:50 PM

Friday, August 01, 2003 8:48:50 PM

Post# of 148479
Larry, show me how the 50SMA is not a useful trading tool in the attached chart:

http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[f,a]dacayyay[d19910401,19940801][pb50!i!d20,2!f]....

I believe the better system is Bollinger Bands. When price crosses the middle BB, it hunts for the opposite BB. Simple, yet effective.

Note the lower BB on the SPX is around 976 right now. Maybe that's why the 50SMA was crossed.

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.

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