Replies to post #20193 on lowtrade

[TheBioTrader]

Low, I see that you were using the Exponential Moving Average value to determine the 6% and 8% against MA(50) to validate the rubber band effect. I know there are significant differences between these two values. Is there any particular reason for using the EMA here?

[phrantic]

Thanks for your time on that. My negativity is not directed toward the S&P, it's toward the fiscally irresponsible mindset of our government spending it's way out of a recession while continuing to dilute the dollar in the face of over 14 trillion dollars of debt that cannot possibly be paid back and watching state after state become insolvent. As of May 2010, 32 states were insolvent, and I heard on the news today there are now 41. If politicians are calling this a recovery, one can only assume it's politically motivated.