Can It Be This Simple? S&P 500

Arnie said:
I'll never forget the first time I "discovered" the moving average crossover. Then I heard about this guy...

https://en.wikipedia.org/wiki/Richard_Donchian

To the OP: You have an edge that I no longer have....TIME. Put the bulk of your funds in a blue chip index. Dollar cost average on your buys. Do that no matter what the market is doing.

What happens is after many years, the dollar amount of your returns will go parabolic....instead on making a 5-7% return on $10k or $20, you will be making that return on $500k+...do the math.

An index will always return a positive amount over a long period. Why you ask? because an index is always re-balanced to get rid of the laggards and add the new winners.
More...

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Good points, Arnie ,not that one would or should get in a hurry to buy in a multiyear bear market.Even though CNBC may cheer lead buying in bear LOL. 200 day,moving average[ area] as IBD[ Investors Business Daily, aka , investors.com] moving average is a good, wise id on a bear; not a prediction.......................................................
 
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