Microsoft Corp (MSFT)

[stockrookiehere]

Stock Market Death Cross of 2012 only 5 points away from being confirmed, (Rare Event) For the first time in over 65 years the 50 month and 200 month moving averages will cross in the S&P 500 and will be confirmed by volume, and for once it has nothing to do with earnings, economic news, or european turmoil last time this occurred it signaled the bullish trend this time it is in a major bearish trend (plummet) sector to be hit the hardest will be the Tech sector. Read If it occurs — and we’re within a whisker of it — this would be the first time we’ll have seen the 50-month and 200-month moving averages cross in the S&P 500 in more than six decades. However, unlike 65 years ago, this cross is in the bear camp.

Take a look at the chart below. In simple terms, a bearish cross is when the 50- and 200-month simple moving averages “flip” — or get inverted. When the shorter term 50-month moving average (ie. RED LINE) crosses above the longer term 200-month (BLUE LINE), it’s referred to as a “death cross” and is confirmed on volume.

Ready for a Potential Disaster Without Precedent?