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Re: Dr PennyStock post# 11901

Saturday, 03/08/2014 2:31:51 PM

Saturday, March 08, 2014 2:31:51 PM

Post# of 54103
Although I see your point, a golden cross is generally accepted as a bullish or buy signal. When MYEC had a golden cross it should have been treated as buy. When PAWS had a GC, although it may be too early to tell, it should have been a sell signal. TA isn't perfect, but more often than not if you are in a stock when a golden cross happens, you should hold. You should never sell immediately after a golden cross. Remind me to have funds available when that happens so I can buy some "cheapies" at 40c.
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