News Focus
News Focus
Followers 305
Posts 46029
Boards Moderated 1
Alias Born 08/27/2001

Re: TREND1 post# 57842

Friday, 12/20/2002 1:37:37 PM

Friday, December 20, 2002 1:37:37 PM

Post# of 704047
Larry, I posted stuff last night that answered that. Who said anything about the 50SMA crossing anything? I just am talking about a close below the 50SMA, after a macro top, which was a top following a major bottom. There are 5-instances of this happening in the last 2-1/2 years, and the last 4 in a row have resulted in lower lows and only a handlful of closes above the 50SMA once we've closed below the 50SMA on the COMP.

See Sept. 2000, Feb. 2001, Mid-June 2001, and mid-Jan. 2002.

What more do you want?


http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today