Replies to post #6490 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***Dow Jones Industrials 200 day SMA at 10380***

With the Dow right now at 10398 as of this post, it's 200 day SMA is just 18 points below, this bears watching... the 200 day SMA is extremely important not only as a moving average and technical indicator, but the last time the Dow (of which many people use as a key to the economy) traded below this moving average was before the Bush election.

If the Dow closes below the 200 day SMA, it would be a bearish indicator going forward. With the FOMC minutes coming out today at 2 PM, this bears watching.