Will it continue?
More on my video market recap after the bell…
If you enjoy the content at iBankCoin, please follow us on TwitterWill it continue?
More on my video market recap after the bell…
If you enjoy the content at iBankCoin, please follow us on Twitter
Funny reminds me of a story when my cousin was in france and they called him “Mustachio”
Chess,
I like your blog, but it seems like you place too much emphasis on the slope of the MAs. For instance, during this correction the 200 day MA has been up, yet if you kept buying into this correction even with this latest bounce you’d be underwater.
@joe,
Thanks…I’m not sure I agree. I don’t view a rising 200 day m.a. as a green light to buy as much as you like at any time. I view it as a reason to not get caught heavily short swing trading in a cyclical bull market. I noted that dynamic last June where I said it was favored to be in cash than heavily short when we broke the 200 day. I look at several other factors in determining whether to add to longs or initiate.