Double crossed and death crossed. And Dow Theory crossed.

Posted on Jul 09, 2010 by in Letters

Considering the number of short term trend changes we have seen lately, including the close below our stop investors could be excused for feeling double crossed.  Then, on top of that the fabled and feared death cross has occurred.  The "death cross" is illustrated above and occurs when the 50 day moving average crosses under the 200 day moving average.  Many analysts interpret this as a death sign for the bull market.

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