Hankhawk

Percentage of Stocks Above 50-Day Moving Averages Shows Market Strength

First of all we're in a recession and there are many negative
things to come public which could change motivation and
action of trends. negatively quickly.
Second, 50 day avg. is much too short of
duration -- I'm more interested in 100 day avg. -- like to
see their figures for that.

I wouldn't be buying on the basis of their charts.