If I believed in trendlines I might say price is sort of bouncing off of that DTL right now. Maybe a long signal? Who knows. edit - only on some datafeeds. How bizarre.
since averaging is applied here this might be a good read ' in the meantime' .. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2008465 but be aware , this seems to be written by academics so there might be little value in this
8/10: Open position: SPY: $277.00 Price sure has been hanging around the $140 to about the $104.80 level for the last few days. Resistance?
123, This might be of interest to you. I recently read a dollar cost averaging study that demonstrated that the best time to enter/add is during the opening of the first week of the first month of every new quarter. They did 10k at a time, so 40k a year. However the return was only 85% in the past 20 years.