A reader writes:
“Had a broker friend of mine over to the house today. Been with ML for over 20 years in Boston. Got to talking about markets and he’s frazzled. Almost like a deer in headlights right now. He spent 10 minutes telling me about all the contradictory data out right now. I fired up the PC and showed him how a […] MA crossover system works. I told him in about 20 seconds, “when the lines cross up, buy, when they cross down, sell”. He asked a lot of questions, we plugged in some stocks he has been in or out of, and when I was done 3 minutes later the guy looked like he had run a marathon and seen a UFO. He couldn’t believe how simple and uncomplicated it was. He gets it, but unless they see it first hand, many do not.”
It’s right there in plain sight.