In short... it is time to get short
Enviado: 30/8/2004 12:21The last 8 months looks like distribution... tops happen that way.
Tops happen on speculative excess, who would have thoght investors would have put money in an internet stock again... Google?
Markets turn on moving average crossovers... we have recently crossed thru the 200 day avg and have completed a counter rally... UNDER IT.
The 200 week and 400 week mov avg has recently crossed over... this hasn't happened in more than 20 years. - 1982
In short... it is time to get short.
By: Damon Vickers
Tops happen on speculative excess, who would have thoght investors would have put money in an internet stock again... Google?
Markets turn on moving average crossovers... we have recently crossed thru the 200 day avg and have completed a counter rally... UNDER IT.
The 200 week and 400 week mov avg has recently crossed over... this hasn't happened in more than 20 years. - 1982
In short... it is time to get short.
By: Damon Vickers