InvestorsHub Logo
icon url

**D*A**

06/19/11 10:10 PM

#84437 RE: Phoenix-Rising #84434

Hi PR, I tried to respond to your post with that chart earlier at lunch. I'm one of those old farts that move too slow. I got web-filtered out before I could send it. lol

I am in total agreement with the annotations on that $spx chart. I can see why you like it. That is nicely done. I was thinking 1310-1320 on the S&P myself as a point to exit.

One thing you may want to consider? Every year, the Russell re-aligns the stocks it tracks in the index. The additions and deletions can get really volatile. I haven't researched the dates and the overall index performance in the past. Joanneg mentioned the date is coming up.



icon url

**D*A**

06/20/11 10:28 AM

#84453 RE: Phoenix-Rising #84434

What do you think? Are we in the neighborhood with the purple line? That 400 ema is a tough nut to crack. IF it does though? Just saying.