Hi all.. up to no good as usual this weekend.. my son had his 6th birthday party at the Silvershitty - watched Incredibles. Good time overall (the party room - closed with 8 screaming kids.. brutal!)
Was playing with EMAs and comparing my results to Stockcharts. Conclusion - the Stockcharts graphs fail to provide the proper EMAs with any stock that is less than (approximately) 2 months old. Proved that using their formula against GOOGle (*read below). Found with any stock - after about 2 months the calculated EMA I had matched to what they had. FWIW: just something to know if you are tracking a new issue.. and think you are getting valid results.
Oh and last night, half asleep at 2AM, I managed to accidently wipe out an 85GB partition from my 120GB harddrive. A system to some.. around a mere 10% of mine.. and OUCH that's gotta hurt! Nothing absolutely critical. Smile smile smile.
IncrediBlake
* Stockcharts provides the formula they use; they also provide an XLS spreadsheet of which they base the calculations on. GOOG was a great example since the company just started up. Just adjust the days (to what I use on the chart) plus key in the known closing prices they use - and boom - it falls flat. Same formula with GE over years and months - bang on what they show on the chart. (Thanks Louis for the info.. I was in mid-type when my system crashed....)
"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)
"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.
