IrisWall

Don't Be Fooled by the Dead Cat Bounce

Its not that hard. When he 50 day exponential moving average crosses the 200 day simple moving average - this is the top (crossing down) or the bottom (crossing up). Weekly or monthly charts - NOT daily charts. People want to be in a hurry to catch the top or bottom and get hurt. If they stick to catching the middle they will do fine. We are no where near a cross going up right now. Sorry for the bad news.