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Friday, 10/23/2009 12:47:01 AM

Friday, October 23, 2009 12:47:01 AM

Post# of 107353
For a cleaner chart, I did a simple chart with only the 50 and 200 day moving averages. If I understand correctly, the golden cross is where the 50 crosses the 200. By this chart, today was the exact point where the two lines met: http://i159.photobucket.com/albums/t121/zforces/DPDWGoldenCross10-22-09.jpg

I had been led to believe that the golden cross was typically a bullish indicator. Here, however, is a slightly contrarian viewpoint: http://trendandvalue.blogspot.com/2009/05/golden-cross-as-contrary-indicator-look.html

I bought a good number of shares at .15 back in March....and a few more at .18 some time last year. But I hold a couple thousand shares bought at .70 and .84 in 2008, and have just held on to as they went down...down....deep down......
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