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KastelCo

04/01/09 2:57 PM

#18710 RE: Frank Pembleton #18709

Thanks for that. I agree ... When I say BIAS long or short these days... it's very short term. I think it's a bear market rally driven by the hope that the market is looking out for an economic recovery in 6-7 months.. I still do not see big inflation or recovery soon..

Frank Pembleton

04/07/09 12:19 PM

#18731 RE: Frank Pembleton #18709

Anthony Cherniawski, Manager of The Practical Investor, LLC explains the importance of the 50-day moving average as it relates to the S&P 500 Index ability to achieve new highs. The question, "how long might the rally last?" may find an answer in this video.