Above example of buying the dips, SMA 20,50, 100 lines meet. Time to buy???
Not all the time like MA charts above, all lines meet, but sideways. Well at least, sideways,
better than staring at the ticker every second.
LCB
The Green Signal
Speculation is far too exciting. Most people who speculate hound brokerage offices or received frequent telephone calls and after business days they talk market with friends at all gatherings. The ticker or translux is always on their minds. They are so engrossed with minors ups and downs that the miss the big movements. Almost invariably the vast majority have commitments on the wrong side when the broad trend swings under way. The speculator who insists on trying to profit from daily minor movements will never be in a position to take advantage of the next important change marketwise when it occurs. Livermore
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