Thursday, January 29, 2009

Minyanville posting: 50-Day Moving Average Useless on its Own

This week's Minyanville posting looks into the dubious value of the 50-day moving average on its own.

"Every now and then I get a phone call or email from a reporter asking my views about a market metric that receives what I believe to be an undue amount of investor attention: the 50-day moving average (or MA).

The calls and emails usually occur right around the time when..."

To read the full current Minyanville commentary as well as other Minyanville postings, click here