Replies to post #279766 on Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

EDIT: golden post
http://www.investorshub.com/boards/read_msg.asp?message_id=3733630

Should read that the SPX Daily Death Cross and Golden Cross worked perfectly the last 2 times.
Also let it be noted i am watching the Death Cross now on NDX---it is extremely shallow, and not yet noteworthy, and because of election factors; i am viewing this 50/200 crossing with much suspicion.
This is what i mean by intuite---match indicators with what else is swirling around.
This is why i have been castigated at times as i believe TA MUST be joined with analysis with all other factors---TA purist reject such thinking.

[mjk]

I don't think the top of a bubble burst, a once in who knows how many decades event, and the resulting turn up after the sell-off, is a great example of how well they work. Look past the last 4 years, take the 10 years before that for instance, and see how many crosses up and down there were and how easy they were to trade, or use to say get in or out. How many of those death crosses down were within months of major bull moves starting? End of '90, '94, and '98 are great examples of how "great" they worked. In 90/91, if you got out with the cross down and got in on the cross up, you would have lost 12%.

[LG]

WellesLamont: Bottom line if it works for you in the manner you use it, that is what counts.

Regards,
LG