Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (92934)	7/20/2011 1:14:49 PM
From: William H Huebl	Read Replies (1) of 94695

You may well be right - it all depends on what you are talking about: The 20 exponential Daily Moving Average crossed the 50 almost 2 weeks ago for both the Industrials and SPY. If you are talking about the double exponential moving averages for 20 and 50, I have no way of calculating them unless there is an app available somewhere. And finally, if you are talking about the displaced moving averages, I have no clue as to what displacement you using and also have no app available for that. While I agree with you that the long term trend is mostly up, it has its roots back in 2009 and not yesterday, IMHO. And there are enough counter currents present to make me think the markets may just struggle to a new high before the coming BK. And this is entirely consistent with what I have been saying for months. BWDIK???

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