[CANSLIM] 50dma & chart reading

From: "Duane Runnels" <drunnels@kiva.net>
Subject: [CANSLIM] 50dma & chart reading
Date: Wed, 23 Apr 2003 00:19:58 -0500

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I've been looking at a lot of charts recently and have a 50dma question, =
that's not expressly canslim, but I wonder if any canslimers pay =
attention to it.  Can anyone comment on the importance of the 50dma, =
especially when it crosses above the 200dma?  Does this represent a =
reliable buy signal in any system?  Does anyone here give it any =
importance?  Would crossing below the 200dma represent a sell signal or =
would it be too late?  Thanks.

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<DIV><STRONG><FONT face=3DArial size=3D2>I've been looking at a lot of =
charts=20
recently and have a 50dma question, that's not expressly canslim, but I =
wonder=20
if any canslimers pay attention to =
it.&nbsp;&nbsp;C</FONT></STRONG><STRONG><FONT=20
face=3DArial size=3D2>an anyone comment on the importance of the 50dma, =
especially=20
when it crosses above the 200dma?&nbsp; Does this represent a reliable =
buy=20
signal in any&nbsp;system?&nbsp; Does anyone here give it any =
importance?&nbsp;=20
Would crossing below the 200dma represent a sell signal or would it be =
too=20
late?&nbsp; Thanks.</FONT></STRONG></DIV></BODY></HTML>

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