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Golden cross

|Includes: SPDR S&P 500 Trust ETF (SPY)

For a while I heard a lot of people talking about the DEATH CROSS. This is when the 50 EMA crosses below the 200 EMA. It was cool to talk about it. It sounds tough. My system never gave a long term sell signal.

Now it has crossed back over to the upside. Radio silence. I guess they don't want to draw attention to the fact that they probably cost a lot of novices some money. They are novices, so why should anybody be responsible or care about giving bad advice.

"They bought their tickets. I say let 'em die."

Oh well. On to the next "cool" thing.

Click on chart to enlarge