Replies to post #275512 on Zeev's Turnips Patch-No Politics (ZEEV)

[limtex]

So what if the price falls belwo the ten day moving average?
What about the eleven day moving average or what about the twenty two day moving average. Why is that any more relevant than if the company got a new customer?

L

[cy esp]

Hack, thanks for posting the chart, it really helps discussion.

I have a hard time using moving averages because of the fake-outs like the one just left of your first arrow, or the one about midway between your arrows. If you wait for a substantial penetration to buy, you miss alot of the upside and often get kicked out flat or at a loss.

You suggest using both a channel and penetrating the moving average which sounds good. In this case, I would not know where to draw the channel until about now. The boundries makes sense as you drew them, but I would not have drawn it that way a month earlier. I would have drawn a flatter channel through about where your arrows are. (edit)

About the time I get comfortable with the channel it breaks out.

I have given up on this technique, but I can be dense.

Good luck to you, Cy

[Must Be Patient]

hack: because sometimes you know a company better than the market does...probably not the case for most of the tech stocks investors post on this board though.

[Rat]

I have the same questions u have hack???...why burn money??..if there is to be a deadrat "rally?" soon...we will see it when it starts...risk and reward...u got it...tr