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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (40152)11/9/2012 12:46:50 PM
From: Keith Feral  Read Replies (2) | Respond to of 218599
 
I'm all with you on the November lows developing this morning. Not a whole lot of stocks above the 50 dma right now. Very bullish for positive performance as opposed to 3 or 4 weeks ago when everything was above the 50 dma.

Positive performance is created buying under the moving averages, not above. That's where you have to maintain high cash levels and wait for capitulations. Earnings, hurricane, election - what else can they throw right now.