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Clyde, thank you for the suggestion, it is most appreciated. I'll let
you know if I locate it.
Regards,
Monte
Clyde Lee wrote:
>
> If you really want to know about exponential smoothing
> (it has a lot more application than just the "moving average"
> thing) then try to find:
>
> Smoothing, Forecasting and Prediction of Discrete Time Series
> by: Robert Goodell Brown
>
> The one I have was published by Prentice-Hall in 1963 and had
> a Library of Congress Catalog Card Number 63-13271.
>
> Professor Brown has published other works in this area also.
>
> Clyde Lee
>
> ----- Original Message -----
> From: "Mark Jurik" <mark@xxxxxxxxxxxx>
> To: "'Omega List'" <Omega-list@xxxxxxxxxx>
> Sent: Thursday, September 28, 2000 6:04 PM
> Subject: RE: Exponential moving average
>
> > >> If you chart a 9 period simple, and a 9 period exponential on the
> same price chart, the exponential very clearly
> > makes its turns sooner than the simple MA. If this is not showing
> thatthe exponential MA has less lag than the simple MA, what is it
> showing?
> > <<
> >
> > The SMA has more "inertia" than the EMA. Consequently, it takes
> longer to respond to reversals. As the cycles speed up, SMA will lag
> further behind EMA. However, on straight trends (no cycles), the lags
> are the same.
> >
> > - mark jurik
> >
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