GREY:ADEXF - Post by User
Post by
jsetton Nov 21, 2010 6:48pm
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Post# 17736644
50 200 VM
50 200 VMThis is the best explanation of how to use the 50 to 200 moving day average. That I have come across.
Thank you for sharing that I was clue less of how that works in real life.
Alwayslook at the 50 day moving average and the 200 day moving average of anystock you want to buy to get an idea of what price you are paying forshares compared to others, no matter how much you like the stock. Forexample the 50 day moving average for AXI is now 59 cents. So at whatprice would you get in at? I'd start getting in at perhaps a dime morethan that. Maybe a little more if i really liked it but not muchmore. On the other hand if the 50 day moving average was 59 cents andthe stock was at $1.59 i would not get in. I'd just wait for the averageto move up and if it did not i would not get in. The important thing isthat you need to establish an entry point. This is much more importantthan any stock pick advice I could give you.
All I can say is if your invested in half of those stock what you showed you must have a huge chunk of change to play with. Well I am in AXI so I think I done something right, and I hope to find more.
One other question VMAN. Or two.
Now that most of the REE and Gold Silver and the rest of the hole sector has just taken off when is it going to level off ?
And what will be the next big sector of the stock market that will come in to play right after it?
Thanks for your input.
JS