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Hans,
My purpose was not to refute your MA definition of trend (your post did jog
my memory though). Indeed, I use MA's in some systems to define trend. I
wanted to put out an extremely simple definition of trend based simply on
price. But, BTW I have used the C > C[x] definition of trend in certain other
systems and I can tell you it can be a good tool as well.
Bill Wynne
http://smarttrades.com/
In a message dated 2/23/00 9:15:14 AM Pacific Standard Time,
he96@xxxxxxxxxxxxxx writes:
>
> > C > C[x] then {trend is up};
> > C < C[x] then {trend is down};
> >
> > Not so vague once you decide what "x" should be.
>
> this is totally bound by 2 single days.
>
> a single drop X days ago will tell you TODAY is UPTREND - even if the
whole
> period is flat at best.
>
> same for a single spike TODAY against X days ago. A "trend" is certainly
the
>
> behaviour of 2 single days out of a group.
>
> A simple MA or a regression line should give better results :-)
>
> rgds hans
>
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