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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (11538)	1/8/2002 7:23:22 AM
From: chowder	Read Replies (1) of 23153

Warp, John covered most of what the charts are showing. I have mentioned before that trading above the 200 day moving average is very bullish. However, markets do go up and down. In the case of the S&P, the 50 day moving average is the line in the sand. A break below that and it's very bearish. I say the 50 day moving average at this time because it's trading fairly close to the 200 dma. In cases where there's a larger divergence, you'd use the 10 dma as a line in the sand to take profits. stockcharts.com[h,a]declyiay[pb200!b10!b50!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]] dabum

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