Ask Colin

In Shares magazine October 2000 you recommend the DBS 5 15 30 SMA for use on weekly charts, but the rest of the article describes entries and exits on daily charts. Please can you clarify?

Sorry you were confused by this. The stuff under the title in larger type was originally the final paragraph of the article. The editor chose to take it from where it was a final comment only and use it to head the article. Unfortunately this threw the whole article into an unintended light.

Moving averages work well in all time frames if you have a strong trend. This applies also to the triple moving averages. Although most people will use them on daily charts, which is why I used them that way in the article, I wanted to alert longer term investors to the effectiveness of them on weekly charts.

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