[CANSLIM] Bigchart bug or am I statistically challenged?


From: "rolf hertenstein" <rolfh@mindspring.com>
Subject: [CANSLIM] Bigchart bug or am I statistically challenged?
Date: Sun, 15 Dec 2002 15:19:04 -0700

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I was playing with some different MAs on Bigcharts (e.g., 50, 150, 200 day
SMAs and EMAs).  For the same chart period (e.g., 3 years) and the same
MA (e.g., 50-day SMA) I noticed different curves leading to ultimately 
different current MA price (e.g., $33  vs. $37).  It looks like they calculate
the MA differently for daily vs. weekly - perhaps using numbers for each of 50
days for the daily and for each of 10 weeks for weekly in the case of 50 DMA.

That's not right is it?  My noodle tells me a 50 DMA is a 50 DMA, i.e, calculated
from 50 days' of data.  Am I nuts (not in general, but specifically on this question)?

Thanks!
   
 Rolf



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