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Post# of 704041
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TREND1

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Re: ajtj99 post# 57622

Friday, 12/20/2002 12:43:21 AM

Friday, December 20, 2002 12:43:21 AM

Post# of 704041
aj99
Just because it had a big drop after it fell below the 50DMA,
doesn't mean it's going to have a big drop now. You show no
back testing of this crossing under the 50 DMA. As I stated
below using the 50DMA works, but like "any moving average system" the losses are 70% and the wins are 30% at best.

From a probability point of view, crossing moving averages
are playing for the "outliners" in the probability distribution function.IMHO.

Larry Dudash

Larry Dudash
http://www.geocities.com/larrydudash2002/index.html

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