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S&P 500
5,949.17
(
-0.60%
)
US TECH 100
20,270.40
(
-1.07%
)
Dow Jones
43,750.86
(
-0.47%
)
Brent Oil
71.73
(
-0.67%
)
Bitcoin
87,184.57
(
-0.18%
)
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tobinator00

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tobinator00

Re: None

Wednesday, 08/05/2015 5:30:02 PM

Wednesday, August 05, 2015 5:30:02 PM

Post# of 8328
Pavlovian Response

I just noticed that over the last year, RGSE, has not lived over the 50 dma long. In fact, if you shorted every crossing or near approach to the 50 dma and then covered a little while later, you'd be a very wealthy inveestor.

http://stockcharts.com/h-sc/ui?s=RGSE&p=D&yr=1&mn=0&dy=0&id=p11405307411&a=419252091&listNum=1

Perhaps the shorts heard the bell, salivated and then applied fresh short positions as it crossed the 50 dma today hoping history to repeat itself.
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