Posted by skorheim on 20th of Jan 2010 at 02:27 am
I agree,
That is a great question, and now it seems as if everyone is
dancing around this. It was so important a few months ago, now no
one brings it up? Negative Divergence this and that, and the market
still climbs, I wonder why no technical analysts have been bullish
at all during this market? Moving averages are a part of technical
analysis. No one is talking about the 13-34 EMA's on a weekly chart
being in a bullish trend. This is Bullish! I will say that Steve
and Matt always will say that the Trend is Up, so despite leaving
20 day MA off the charts, again, they do cover themselves, and
say... The Trend is Still Up.
I wonder, Will the Technical analysts say the market is trending
bullish when in fact the market is trending down? Just a rant
and rave regarding all of these other bloggers out there
that are calling for doomsday and keep getting their asses
handed to them.
I agree, That is a great
Dynamic Links
Posted by skorheim on 20th of Jan 2010 at 02:27 am
I agree,
That is a great question, and now it seems as if everyone is dancing around this. It was so important a few months ago, now no one brings it up? Negative Divergence this and that, and the market still climbs, I wonder why no technical analysts have been bullish at all during this market? Moving averages are a part of technical analysis. No one is talking about the 13-34 EMA's on a weekly chart being in a bullish trend. This is Bullish! I will say that Steve and Matt always will say that the Trend is Up, so despite leaving 20 day MA off the charts, again, they do cover themselves, and say... The Trend is Still Up.
I wonder, Will the Technical analysts say the market is trending bullish when in fact the market is trending down? Just a rant and rave regarding all of these other bloggers out there that are calling for doomsday and keep getting their asses handed to them.
when back tested the 13/34
Posted by matt on 20th of Jan 2010 at 09:27 am
when back tested the 13/34 weekly EMAs are not that great and are not better than simply buying and holding