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Wednesday, May 02, 2012 2:28:52 PM
A good method of pinpointing the cross point would be to note the % increase respectively by day; 50DMA & 200DMA
Speaking in terms of averages, we can agree that the current trending should continue on this nice uptrend.
Usually the golden cross is ANTICIPATED..thus creating a sooner cross than expected "buying pressue as investors FIGHT to grab shares before the cross occurs"
When we hit the .075 -.10 range the Golden cross will be VERY EVIDENT... and we will see much HYPE this weekend on discussions about the GOLDEN CROSS.
I'm just noting the future hype. To me this golden cross will be the INDICATOR which will push us into the .25-.30 range.
All speculation of course..but it seems like a reliable speculation to me
Follow me if you are interested in more updates in these upcoming weeks!!
And As Always..
SEE YOU AT THE ATM $$!!
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