I never believed in moving averages. They lag prices. So, why use them?
Until lately. This is my conclusion. They tell you about the trend. They identify the trend for you.
Find the moving average that works for you and focus on it. It will help you see the trend. And any change in trend.
My conclusion is that the longest moving averages work better. They identify for you the long-term trend. And this trend lasts for years. You learn to trade with the trend. Not against it. Even if the moving average may be late a few weeks.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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