Eventually, all moving averages will be re-visited...because they are 'averages'. However... If you are looking at a moving average on a 'Daily' basis, you have to realize it is calculated on the 'Close'. Here's the problem - it may not reach the moving average on an intra-day basis...but at the end of the day, it will certainly look as though it did. This is why looking at charts can be deceiving.
Yeah, back before 2008 I used to make nice money doing this with Lehman. It was a beautiful thing. I still mourn its untimely demise. For the methods I use, there was never a more perfect stock. Sigh.
Overall good discussion in the thread. If you would like me to point out particular posts that I really liked. 1) There was a post which had an attachment that compared residuals of spline against MA. I found it useful. 2) There were some posts by Mike805 wherein he distilled his experiences. I found those posts useful too.
You don't need "fancy" tools to make mean reversion work, as some of the posts/threads links suggests. What you do need, is a sideways market that extends itself to confluence. Crazy how people complicate this business so much. Sometimes the brilliance can simply be found in simplicity.