The Bear 500 update.

The Bear 500 update.
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Back in November in the blog The Bear 500!!! I posted a somewhat humorous view showing the market's reaction to the absurd 500 SMA.

Check out the two pictures I posted in the blog and compare them to this picture below. I find it somewhat interesting that the sideways trading began right when we broke through that average. It's also interesting that last Friday we tested that average...



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[grandma]

Jason, I haven't had a chance most of this week to do anything other than `drop in' - I am wondering if the AD & GoldenCross were into `buy' in November, and again now? I did see that the `LMBF' said buy, and the 2nd best fund recommended G. I am not even sure you had publicized the AD as yet in Nov... And I am not sure you are saying anything here besides drawing this to our attention!
There is one question tho - should I be reading something of RickRoll'D into the Market Game?

 

[JTH]

Grandma, I've been posting AD & Golden Cross updates daily in my account talk thread. Let me know if that's what you're looking for.

RickRollD reminds me of the CNBC bulls trying to sucker us all in... "Never gonna give ya up"

 

[Birchtree]

The bull can lead you to water but can not force you to drink the cool refreshing pool - that simply leaves more for the truly bullish hoofhearted.