imported post
Hey Folks....I got a simple question. You know I hardly ever "say" anything, come to this great site only occasionally, read most of the posts that are recent, and love hearing all the input. I've been doing this almost a year now, and due to very poor judgement on my part and a "slow learning" curve...still not sure where that curve is going LOL...I've lost money. I know it's my own fault, cause lots of you are making money. Well, actually, I lost money the first 3/4 of last year, and have gained a good bit back since then. Except, I've been 20C 60S 20I for about 4 weeks without a change, and, of course, have lost the December gains I found somewhere back there.
Anyway, the simple (and probably dumb) question is this: When I go to the Yahoo charts for the funds and put in a 3 or 6 month chart with a 20-day moving average, it looks "easy" to see where one should have bought and sold. Would it not work to my advantage to watch this closely day by day and sell a day or two after the chart falls below the ma line and buy a day or two after is rises abouve the ma line? I'm sure there is some reason that it isn't that easy, or everyone would be doing it. Maybe the 20-day average doesn't "catch up" to the current info since it has no data for the future to give an accurate average for this day?
Well, anyway, just a thought and I would appreciate any input on it to help educate this ole hillbilly.
Thanks Tom, for all your dedication and effort to help folks like you do by having this site. It's more apprecitated than you really know, I'm sure!
Lobo
