Who’s afraid of the big bad 200 day moving average?

Posted on Jun 25, 2009 by in Letters

The simplest, and simple-mindedest, moving average system is to buy when price crosses above the moving average and sell when price falls below the moving average.  Of course in mule, or sideways, markets you get whipped like a stubborn mule -- or the mule of the Marquis de Sade.

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