Iconoclast421

Intel's Great Earnings: Good Management, Not the Economy

Karl, I put the last 50 weekly closing prices into a spreadsheet and then projected the 20W and 50W moving averages out based on SPX holding various average levels. I found that the cross is guaranteed to happen by sept 1st unless we crash soon, and crash hard! From today, we need to lose about 25 points per week to prevent the crossing. That is not likely to happen in the summer! Since the cross is imminent, wouldnt it make sense to get in now for the long term? Can you do a ticker on this?

I made a couple charts to illustrate the type of crash that needs to happen to prevent the cross:

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