Can we leave the stone age, please? Drop the 50
Post# of 1584
Drop the 50/200MA lines people. unless you like living in the stone age on iFlub, its time to invest with the big boys.
i have dozens of posts on this topic, and i know fourthjohn is rolling his eyes because he knows im going to say it again haha...
USE EMA LINES....NOT SMA LINES!!
heres just one of my posts:
http://investorshangout.com/post/view?id=4136739
heres another one:
http://investorshangout.com/post/view?id=4315906
Let me show you something:
If youre following the arcahic talk on iFlub talking about the 50 and 200MA lines having to cross, or how the share price has to reach the 50 line..
This is the stoneage chart youve been using..
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...0395615435
They havent crossed yet and wont for weeks!
Now behold my amazing 13 and 48.5 EMA lines:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...8119612423
closer view..
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...9348331981
So what does this mean?
it means investors who use the 13 and 48.5 lines are WEEKS ahead of the 50/200 MA line people. ive done this countless times. by the time SMA investors start celebrating on the run, ive already been invested weeks before them simply because i use the more accurate, faster acting EMA lines.
Not investment advice
http://investorshangout.com/Joeys-Investment-Board-91611/
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