InvestorsHub Logo
Followers 1
Posts 898
Boards Moderated 0
Alias Born 08/19/2005

Re: None

Thursday, 07/02/2009 9:53:25 AM

Thursday, July 02, 2009 9:53:25 AM

Post# of 51809
Golden Cross

Everyone is citing the "golden cross" as evidence that we're going up from here. For the golden cross to happen, the 200MA must be rising and crossed by the 50 MA.

Until the 200MA flattens out and turns positive we are still in a bear market.

Still hard down.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.