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Old 06-27-2006, 07:57 PM
patfergie44 patfergie44 is offline
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Join Date: May 2006
Location: Lake Wateree, SC
Posts: 243
Undestanding Moving Averages

I would like to know what everyone's thoughts are on using Moving Averages when determining when the arrow goes green. Phil's book talks about using a 10 day moving average but then he explains the bear trap (on his blog) on a declining stock and suggests using a 30 day moving average. I definitely understand the principal's behind all of this but what about using a 15 day or 20 day or 25 day average? I know some of us believe in the 10 day and some believe in the 30 day. I'd love to hear from those that think something in between those two days might be as good, better or worse than either the 10 day or the 30 day averages.
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