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willsimon

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willsimon

Re: doctorS post# 2571

Wednesday, 10/24/2007 7:30:23 PM

Wednesday, October 24, 2007 7:30:23 PM

Post# of 2663
Hi Doc-

I'm confused on something you wrote:

I think the 5 DMA has less meaning on the weekly chart as very short term day to day variability is less meaningfull

On the weekly, you're not looking at DAILY (you wrote "DMA") moving averages - you're looking at weekly. If you follow the 10, 20, and 50 on the weekly, those are going to be VERY slow (but also highly confirming of a trend).

Can you clarify what you meant?

Tx,

Will
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