Great-- sounds like a highly effective plan. Just screen for stocks trading above their 200 day SMA and go LONG! Have you implemented this wisdom? surf
Tudor back in the news today - Paul Tudor Jones’ New Hedge Fund Pitch: Low, Low Prices Tudor’s flagship fund ended 2016 roughly flat despite a run-up in the U.S. stock market By ROB COPELAND Updated Feb. 27, 2017 12:24 p.m. ET Paul Tudor Jones for years charged some of the highest fees in the hedge-fund industry. Now the billionaire is cutting them for the second time in eight months.
At no one in particular: I understand a bounce off the MA200,but once it progresses north,isnt price likely to try to revert to the MA200? I dont actually see this a lot(revert to MA200)but when Im factoring it in to my trading Im conflicted as to whether being above the MA200 is bullish or whether its a big magnet making it bearish. Maybe the magnet analogy is accurate and it only comes in to play within a certain distance from price?