The kiss of the death cross…

Posted on Aug 12, 2015 by in Letters

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p90850879542

The kiss of death is not the death cross.  The kiss of death is believing all the unmitigated b.s. which flows out of Marketwatch and all the other media like the EPA spill polluting Animas River.  To belabor the obvious the so called "death cross" is the crossing of the 50 day moving average over the 200 day moving average.  Chicken Little is, as expected, worried that the sky is falling.  He better worry about China falling and landing with a thud on our markets.

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