Seeking Alpha
  • XPP
    next stop S&P (200 dayMA)
    5/28/12
    Reply (5)
    • DettoTheSecond: Markets rarely follow sentiment, so thanks for the buy tip.
      5/28/12
    • XPP: ...broke below the 200 on Friday.. save your hard earned money!
      6/3/12
    • DettoTheSecond: 1) the break was not definitive and sustained 2) a "break" does not guarantee a bear market 3) too many people expecting more downside!
      6/3/12
    • XPP: since the 50 crossed the 200 on the S&P that would be a true breakdown.. new lows in August and Sept after the short covering bounce
      6/6/12
    • DettoTheSecond: Looks like I was right AGAIN! 200 DMA was an excellent time to get long! too many people expecting a crash; mkt delivers max pain to herd!
      6/6/12