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Re: borusa post# 148293

Tuesday, 03/21/2017 7:34:20 PM

Tuesday, March 21, 2017 7:34:20 PM

Post# of 151655
You sound like someone that has just discovered technical analysis and the smoothing effect of moving averages.

The 200 day is not the end-all, be-all for trading using a trend following system. Markets are fractal by nature and must be evaluated over multiple timeframes using multiple moving averages. And all of that has to evaluated in the context of your OWN investing timeframe.

For example a swing trader needs to give more weight to the 11, 20 and 50 day SMA over the 200 day while a long term investor might give more weight to the 20, 40 and 50 week SMA.

In other words your frame is EVERYTHING when it comes TA and quoting the 200 day in isolation is of very limited value no matter what Paul Tudor Jones says.
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