RE: UK Stocks - Watchlist and Discussion
(2014-01-28, 10:33 AM)Tom Wrote: I may have missed something. I see that you are measuring stage 4 stage by the 30 days MA. What's the theory of that? I don't remember anything about it in Stan's book.
By your standard, Is yahoo (YHOO) in stage 4? NB: I bought at 33 and holding it as long as the 30 weeks MA is rising..
Hi Tom,
I'd recommend re-reading the book and going through the hundreds of marked up charts on here and in the previous t2w thread, as Yahoo is in late Stage 2B.
We don't use the 30 day MA in Stage Analysis. It's the 30 week MA on all the charts you see and a 10 week MA, as the above are all weekly charts, as are the vast majority of charts on the site.
I appreciate I haven't shown many Stage 4A breakdowns or Stage 4 continuation moves over the last year, as the market has been in Stage 2, but a simple way to see what a Stage 4A breakdown looks like is to simply flip a Stage 2 chart that I've marked up upside down. Or off the top of my head there's a few I posted last night on the investor method thread here: http://stageanalysis.net/forum/showthrea...12#pid2912
I hope that helps
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.