Randy (17
Aug 2011)
"Stock market Tech
Analysis: The "Death Cross" showing up everywhere. ???"
In the world of investments and stock
markets, charts can mean ALOT. It's called Technical
Analysis. Here is an article about something called "The Death
Cross." That's when the 200 day moving average "crosses"
over the 50 day moving average. Could this be
telling us the stock market is in for a further move down??
http://finance.yahoo.com/banking-budgeting/article/113333/death-cross-springing-up-marketwatch?mod=bb-budgeting%20&sec=topStories&pos=3&asset=&ccode=
Chart forS&P 500 INDEX,RTH (^GSPC)
The title caught my eye: "Death Cross Showing up
Everywhere."
Hmmmmmmm......... Catchy title!!
BTW, the reverse of this is called "The GOLDEN Cross" and
is a favorable technical sign, of an UP market.
Interesting names......time will tell.
I feel like this market is like the one in 1987. The
market topped in August, 1987.....and then got clobbered in
October. Hmmmmm...
Tick Tock....YFIC,
Randy