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super_penny

06/12/12 5:44 PM

#37461 RE: Don #37457

Its not abt ur or my opinion , its abt the definition of the golden cross.

and it is
The golden cross is a chart pattern created when a shorter term moving average was below a longer term moving average, but it crosses above that moving average. This is typically seen as a bullish signal.

The golden cross is mostly used with longer term moving averages. It's an especially strong signal when the 50 day moving average crosses above the 200 day moving average.


check out on http://www.trade-ideas.com/Glossary/Golden_Cross.html
or
www.investopedia.com/terms/g/goldencross.asp
so stand corrected that this is not abt opinions what a golden cross is .