Iwm ?

[nickola.pazderic]

Something that I'll keep in mind going forward are the simple indicators. The 20/50 DMA cross occurred on 12/21/11, and I paid it no heed.



Also, IWM moved decisively above the 20 period moving average on the monthly chart recently:



Both of these indicators are very useful for long-only retirement-type accounts.

And lastly, we have an inverse H & S:



I would expect some consolidation. When the 10 DMA or 20 DMA catches up, one might enter.

[manucastle]

Something that I'll keep in mind going forward are the simple indicators. The 20/50 DMA cross occurred on 12/21/11, and I paid it no heed.

Attachment 12617

Also, IWM moved decisively above the 20 period moving average on the monthly chart recently:

Attachment 12618

Both of these indicators are very useful for long-only retirement-type accounts.

And lastly, we have an inverse H & S:

Attachment 12619

I would expect some consolidation. When the 10 DMA or 20 DMA catches up, one might enter.

Hi Nickola,

Sorry to report but I have been folowing these type of simple indicators for 2 decades and they never added anything to my returns.

This game is not as easy as that IMHO.

Trev:O)

[nickola.pazderic]

Hi Trev--

I respect your experience and am very glad you're in the robot trades, too.

I don't doubt that such indicators have their problems; but, I need to employ them because they have worked for me previously.

Moreover, I think I took the promise of the robots too literally and more or less stopped thinking about the investment environment. This condition is much more dangerous than a stubborn robot.

IMHO,

;)