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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (32794)5/29/2012 8:44:08 AM
From: FCom777  Read Replies (1) of 218675
 
The composite index I track still looks pretty week to me though it is clearly oversold and may well be poised to move higher. The 50 day moving average cross overs with this index, in the past, seemed to coincide within a day or two of your signals. The below chart shows we are still well below the 50 day - and even below the 200 day. You sure about your signal?

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