InvestorsHub Logo
Followers 36
Posts 2833
Boards Moderated 0
Alias Born 10/02/2012

Re: joboggi post# 109518

Monday, 10/20/2014 2:16:29 PM

Monday, October 20, 2014 2:16:29 PM

Post# of 130502
While the 50 MA on the weekly chart is BELOW the 200 da MA, on the daily chart it is above. a retest will result in a death cross since the current 50 day MA on the daily chart is .10 v .097 for the 200 day MA. Essentially, the 50 day MA = the 200 Day MA at this point.

It looks like the market is putting the hammer down, on the pps, and an elephant is sitting on it as well, and maybe there is some shorting going on, you never know.

The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
Winston Churchill