I have wracked my brain over this holiday weekend trying to figure out where my research might have gone wrong. I mean there are still many traders who still believe it is better to buy a Golden Cross with a rising 200dsma than a falling 200dsma. I have checked and re-checked my code, re-reviewed the [...]
I am truly surprised at the amount of misinformation put forth lately in regards to whether a Golden Cross with a downtrending 200 day simple moving average (dsma) is a valid signal.
Despite the work of backtesting heavyweight MarketSci (not to mention my own work) which showed that it does not matter whether the 200dsma is [...]
***Update*** For more in-depth research into the matter of the Golden Cross and a falling 200 day simple moving average, go here, after you finish reading this post, of course.
Karl Denninger, owner/operator of The Market Ticker penned a rather excellent piece, taking Dennis Kneale to task on his The Recession is Over proclamation. You may [...]
The Golden Cross is complete as of Tuesday’s close. My Tradestation platform is showing the 50 day simple moving average to be 899.36 while the 200 dsma is 899.02.
Now that the huge short trade (entered on 12/21/07) is closed, I want to examine the statistics on both the long and short side trades (the short [...]
Nothing too scientific here. I simply used the trendline tool to project the 50 day and 200 day simple moving averages out a couple of weeks. Of course this is merely a projection, and a strong move in either direction will affect the actual cross date.
When the cross actually occurs, I will run the Golden [...]
