Keeping the sights on a moving target
Article Abstract:
The stock market and any one stock are both moving targets in Australia, as they are elsewhere. When looking at data, a moving average is the best thing to follow. Straight lines once were used to track a trend, but a moving average acts as a curving trendline to sustain lows as the market goes up or restrain the highs as it falls. If the price stays above the moving average in an uptrend, investors do well to decide to hold the stock, but if the price goes through it, they sell. Other strategies are also used.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
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Keeping an eye on the big picture
Article Abstract:
Stockmarket indexes indicate the behavior of the market. The most famous one is New York's Dow Jones Industrial Average, which is indicative of the health of American economy, the world's largest economy. In 1983, it stood at 1216 points, but in 1998 it has risen to 9312, which is a leap of 665%. Australia's All Ordinaries index was at 697 points in 1983, but it stands at 2893 in 1998, a rise of 315%.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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