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Re: DavidW2 post# 487959

Friday, 06/17/2022 10:30:26 PM

Friday, June 17, 2022 10:30:26 PM

Post# of 690795
All good David. I have a golden rule…prices don’t outrun moving averages. Even in a bull market, price retraces - it breathes…nothing goes straight up, not healthy. May 10, price was 110% above 50 day ma…AND 50 day ma was still below 200 day. That’s not sustainable. I had huge red flags with the run up into May 10….was fun but I did sound the alarm.

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