Buying the IXIC only when IXIC > 10d av and > 30d av

A graphical representation of the returns for the following strategy:

1. On any given trading day, calculate 10d sma and 30d sma of IXIC. Buy at today's close if IXIC > 10d sma and 30d sma.
2. If step one is not true, stay in cash.
   

Note: this strategy lost money in 2000-2002, though outperforming basic buy/hold strategy.